Comment on What Is China Evergrande and Why Is It In Trouble?

What Is China Evergrande and Why Is It In Trouble?

China Evergrande Group is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the developer, with $300 billion in liabilities, intensified in recent days after it said it may not have enough funds to meet obligations and that it plans to work with creditors on a restructuring plan.

 

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