A Country Garden project site in Kunming, in China’s Yunnan province. The company hopes to lower its debt to below 300 billion yuan this year, its president and executive director says. Photo: Reuters
Country Garden, others reveal slimmed debt levels in annual results

Major Chinese property developers have slimmed down their debt levels by spending less on land acquisition and speeding up sales to meet government limits on borrowing, according to annual result filings in Hong Kong.

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