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China's Evergrande Defaulted on its Debt – What Does That Mean for the US Economy? - Vimarsana News

China's Evergrande Defaulted on its Debt – What Does That Mean for the US Economy?

China Evergrande, the Chinese property developer, has defaulted on its debt, according to Fitch Ratings. See: Why Everyone is Talking About Evergrande: The Chinese Giant Driving Global Selloff Fears...

China Evergrande has defaulted on its debts, Fitch says - Vimarsana News

China Evergrande has defaulted on its debts, Fitch says

After months of struggling to pay down its massive debts, China Evergrande Group has defaulted, a ratings agency said Thursday.