Evergrande Debt
Evergrande the Shenzhen-based company is facing a default on its debt. A debt crunch involving Chinas second largest properly developer has caught investors attention in the past week.
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Snowed under its crushing debt of 300 billion Evergrande is so huge that the fallout from any failure could hurt not just Chinas economy.
Evergrande debt. 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. Shares in the embattled Chinese property giant Evergrande have slumped again after two credit downgrades in as many days amid concerns that it will default on parts of its massive 300bn debt.
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