Country Garden Aug contracted sales RMB2.28B

The sharp decline in Country Garden's monthly sales, now down to a fraction of its former scale, underscores how far the developer's operational footprint has shrunk amid the prolonged property downturn. This matters because it signals continued deleveraging pressure and limited cash generation from core operations, affecting creditors and suppliers tied to its restructuring progress. The key watchpoint is whether monthly sales stabilize near this level or slide further, as that trajectory will shape the feasibility of any recovery plan.