Country Garden: China property giant hit with winding-up petition – BBC.com
Getty Images By Mariko Oi Business reporter China’s biggest private property developer Country Garden is facing a winding-up petition, which has been filed in Hong Kong by a creditor. A firm called Ever Credit Ltd filed the case for non-payment of a loan worth HK$1.6bn ($204.5m; 161.2m). Country Garden, which defaulted on its overseas debt…