Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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Why is it difficult to revive this company?

Country Garden survives one debt deadline. The next is just days away
https://edition.cnn.com/2023/09/04/economy/china-country-garden-bond-payment-extension-intl-hnk/index.html

Even if the debt crisis is away, the deadline will come unless drastic countermeasures are not taken. And once the company lost trust, it must be difficult to get it again. Furthermore, the company will have difficulty to get more customers and let investers buy their stocks.