Struggling real estate sectors around Southeast Asia are showing signs of contagion from China’s ongoing property market crisis
In a market where 10 percent of deals are made by foreign nationals, China ranked among the top overseas buyers. SergiiFigurnyi/Shutterstock
In late August, after news reports said its sprawling Forest City development in Malaysia appeared “deserted”, Chinese developer Country Garden issued a statement reassuring investors amid mounting debt concerns.
“Our company’s projects in Malaysia are operating…
