Evergrande Real Estate
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China Evergrande debt crisis has small-time investors worrying ‘it’s game over’Evergrande, with outstanding debts of US$305 billion, recently stopped repaying some investors and suppliers and halted building work at projects across the country.WorldSep 23, 2021
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China Evergrande reaches debt deal – but questions remainMany financial institutions have exposure to Evergrande through direct loans and indirect holdings, while any defaults will also trigger sell-offs in the high-yield credit market.WorldSep 22, 2021
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Evergrande, China’s goliath developer is in major debt, here’s what it meansEvergrande is the biggest casualty yet from the ruling Communist Party’s effort to rein in surging debt levels Beijing sees as a possible threat to the economy.EconomySep 21, 2021
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