Workers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: ReutersWorkers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: Reuters
Workers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: Reuters

Developers Country Garden, Sunac China warn construction, sales may be disrupted as Covid-19 subdues business activity

  • Country Garden, China’s biggest home seller, saw sales crash by half in February and said building progress may suffer amid measures to contain virus
  • The warning came as the Guangdong-based builder reported a 17.6 per cent increase in core profit to 40.12 billion yuan in 2019
Topic |   China property
Workers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: ReutersWorkers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: Reuters
Workers walk past homes being built by Country Garden in Kunming, Yunnan province, China. Photo: Reuters
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