Evergrande Default

Written By mirandaxbfrfelix Tuesday, September 21, 2021 Add Comment Edit

Chinas Evergrandes shares pummelled on fear of debt default. China Evergrande Group is unlikely to receive direct government support and is on the brink of defaulting on upcoming debt payments SP Global.

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Evergrande is once again warning that it could default on its huge debts as it struggles to cut costs or find anyone to buy some of its assets.

Evergrande default. As Evergrande scrambles to raise funds to pay off debt regulators warn of broader. Evergrande has warned investors twice in as many weeks that it could default on its debts.

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