Why Chinese property developers are now fleeing Australia | The Business | ABC News

Top Chinese property developers entered the Australian market about a decade ago. Country Garden invested billions buying and developing prime sites. Subscribe: Now, the debt-laden developers are selling or downsizing their operations, amid a worsening property crisis in China. Read more: ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It’s news when you want it, from Australia’s most trusted news organisation. For more from ABC News, click here: Watch more ABC News content ad-free on ABC iview: Go deeper on our ABC News In-depth channel: Like ABC News on Facebook: Follow ABC News on Instagram: Follow ABC Ne