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JLL appoints new Indonesia country head, Greater China debt advisory lead

JLL appoints new Indonesia country head, Greater China debt advisory lead

JLL, a leading professional services firm, has announced the appointment of a new country head for Indonesia and a new Greater China debt advisory lead. These strategic moves signify JLL’s commitment to expanding its presence in these key markets and further strengthening its expertise in real estate investment and advisory services. The new leaders are expected to drive growth and deliver exceptional value to clients in their respective regions.

China property crackdown: why surprise victim Country Garden could be worse than Evergrande for the economy

China property crackdown: why surprise victim Country Garden could be worse than Evergrande for the economy

China’s property market is facing a severe crackdown, with industry giant Country Garden becoming an unexpected victim. Analysts believe that this development could have a greater impact on the economy than the Evergrande crisis. As the second-largest developer, Country Garden’s potential collapse could exacerbate the existing property market concerns, affecting employment, consumer sentiment, and investment. The consequences of this unexpected twist in the property sector are being closely monitored by experts, who fear a further destabilization of China’s already fragile economy.

Country Garden extends bondholders’ vote in last-ditch effort to avert default

Country Garden extends bondholders’ vote in last-ditch effort to avert default

Country Garden, a Chinese property developer, has granted an extension to bondholders to vote on debt repayment. As they face a looming default, the company resorts to this last-ditch effort to avoid further financial turmoil. The fate of this crucial vote will have far-reaching implications for Country Garden and the wider market.