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One of China’s largest property firms Evergrande has debts of more than $300bn.
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Topic: One of China’s largest property firms Evergrande has debts of more than $300bn. (Read 1025 times)
IroNat
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Posts: 32866
Time you enjoy wasting, was not wasted.
One of China’s largest property firms Evergrande has debts of more than $300bn.
«
on:
September 24, 2021, 11:58:26 AM »
Are the dominoes about to fall?
>
https://www.aljazeera.com/program/inside-story/2021/9/24/will-china-rescue-the-troubled-property-group-evergrande
"Fears that one of China’s biggest property developers could default on its debt are rippling through global markets."
"The firm's woes have been compared to the collapse of Lehman Bros. Group in the U.S. that preceded the last world financial crisis in 2008."
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One of China’s largest property firms Evergrande has debts of more than $300bn.