Concerns over China’s property market worsened after the onshore bonds of Country Garden, the country’s top property developer, were suspended. Photograph: Alex Plavevski/EPA
European shares closed higher on Monday, rebounding from a near one-week low, as gains in retail and healthcare outpaced the fall in miners and energy, both bruised by concerns over China’s embattled property sector.
European shares rebound despite worries over China’s property woes comes via ChinaTechNews.com.