China’s Largest Real Estate Developer COLLAPSES
Evergrande, one of China’s largest property developers, has collapsed. The property giant’s collapse comes after a Hong Kong court ruled for Evergrande to be liquidated after the company was unable to “restructure the $300 billion it owed investors.” Evergrande’s fall is another sign China’s economy is facing a time of slow growth and stagnation. In … Continue reading China’s Largest Real Estate Developer COLLAPSES
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