Evergrande Debt Crisis
An Evergrande development in Jiangsu Province China. Evergrande now the worlds most indebted real estate company is on the brink of collapse.
What is the Evergrande debt crisis and why does it matter for the global economy.
Evergrande debt crisis. Chinese regulators have threatened to let debt bombs like Evergrande collapse. Evergrandes debt crisis is continuing to unsettle investors in Asia and raising concerns about whether a potential default by the troubled. The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt.
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