HONG KONG -- The string of winding-up cases against Chinese real estate developers continues this week, but several cases underscore the difficulty of recovering investors' assets, while a relentless sales slump makes the future ever more uncertain.
China debt crunch
China property winding-up sagas show difficulty of recovering assets
Country Garden gets six-month respite as other cases highlight 'enforceability' problem
A Country Garden construction site in Kunming, China, in September 2019. The embattled developer's wind-up case in a Hong Kong court has been adjourned until January 2025. © Reuters
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