
China Mandates Finished Home Sales as Developer Losses Mount
Country Garden and Sunac posted billions in half-year losses as Beijing accelerated housing sales reforms and extended mortgage terms to 40 years.
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Country Garden and Sunac posted billions in half-year losses as Beijing accelerated housing sales reforms and extended mortgage terms to 40 years.

Chinese property-development company Country Garden has launched the world’s first robotic restaurant, in Guangdong. Built by Country Garden’s subsidiary Qianxi Group, the restaurant occupies a 2000sqm area, featuring sections including Chinese food, hot pot…

McDonald’s China has opened 300 new stores during the last year, pressing ahead with an expansion strategy tied to deals with property developers. The company has signed contracts with Country Garden and Evergrande Group, giving it access to more locations in…
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