Country Garden (Chinese: 碧桂园; pinyin: Bìguìyuán; Jyutping: bik1 gwai3 jyun4) is a property development company based in Guangdong, China, owned by Yang Guoqiang's family.

[1] Country Garden features a market capitalization of over US$29.84 billion as of 2018;[6] with 187 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio.

[7] In October 2023, the company announced that it was unable to fulfill its offshore debt obligations and was subsequently deemed in default on approximately US$11 billion of bonds, making it another victim of the 2020–2023 Chinese property sector crisis.

[8][9] In July 2024, the Hong Kong High Court decided to postpone the hearing of Country Garden’s liquidation petition to January 20, 2025, giving the company some breathing room to finalize its offshore debt restructuring plan.

[15] On April 20, 2007, Country Garden was listed on the Hong Kong Stock Exchange,[16] and in October 2007, Yang Huiyan was declared the wealthiest woman in Asia by Forbes, with a net worth of US$16 billion.

[18] In February 2020, in response to the COVID-19 pandemic, the Sydney office of a Country Garden subsidiary, Risland Australia, sourced eighty-two tonnes of supplies, which were subsequently airlifted to Wuhan.

[31] Similarly, its second Malaysian project in Semenyih, Selangor, termed Country Garden Diamond City, had 70 percent of its total units for Phase 1 sold in early June 2014.

[31] Forest City was planned as an integrated residential development, built on reclaimed land within the locale of Iskandar Puteri in Johor, Malaysia, in close proximity to the border with Singapore.

In September 2023, The Wall Street Journal published a report indicating that the occupancy rate of apartments within Forest City is notably low, with only approximately 9,000 residents inhabiting a development designed to accommodate up to 700,000 individuals.

[40][41][42][43] As of August 8, 2023, according to statements from investors based in Hong Kong, the company defaulted on the cumulative amount of US$45 million with regarding interest disbursements linked to two offshore U.S. dollar bonds.

[45] The same day, Country Garden appointed China International Capital Corporation (CICC), as its financial advisor to handle the restructuring of its public market debt, with preliminary decisions expected to be made in the near term.

[48] In October 2023, the company's Australian branch, Risland Australia, sold the 366 hectare (904 acre) Windermere project in Victoria state to Frasers Property and also announced plans to sell its $2 billion Wilton Greens estate in Wollondilly Shire south-west of Sydney, after it began defaulting on offshore debts for the first time.

[54] In June 2018, Country Garden halted all projects in China for security inspections following an accident at its construction site in the eastern province of Anhui that killed six people.