Chinese Defaults Flag Limits to $5 Billion of Bond Guarantees bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
China's Evergrande: what happens next after liquidation order? – ENG.MIZZIMA.COM mizzima.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mizzima.com Daily Mail and Mail on Sunday newspapers.
A Hong Kong court on Monday issued a winding-up order for Chinese real estate giant Evergrande, as the embattled firm teeters on the brink of bankruptcy.Evergrande was once China's biggest real estate firm, a giant in a sector that ballooned as property became the foundation of a burgeoning middle class's growing wealth.
The impact of the forced sale of assets and debt default on China’s beleaguered property sector and the broader economy had been identified by the RBA as risk to Australia.
Hong Kong court orders liquidation of China's Evergrande | The Guardian Nigeria News - Nigeria and World News — World — The Guardian Nigeria News – Nigeria and World News guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.