Unpaid workers, silent sites: China's property woes hit Country Garden

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSTIANJIN, China - At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a dull whirr and a few idle workers roam a near-empty site.

"I'm under a lot of pressure," said a worker at the Yunhe Shangyuan site surnamed Wei, also in his 50s, who added that he had only received a one-off living stipend of 4,500 yuan so far this year. A representative of Country Garden's Yunhe Shangyuan project said in a Wechat statement its"registered employees" were all being paid.

The housing ministry did not comment on Reuters queries about halting of construction in the property sector in general or Country Garden in particular.Country Garden has nearly 1 million homes to complete, according to estimates from Japanese investment bank Nomura. It has not publicly acknowledged whether any of its projects have halted construction due to financial constraints.

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