Mega Chinese Real Estate Firm May Be in Default
Evergrande had more than $300B in debt, and default causes a huge ripple in the global real estate funding pond – but its investors face the immediate risk.
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Evergrande had more than $300B in debt, and default causes a huge ripple in the global real estate funding pond – but its investors face the immediate risk.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
China Evergrande Group has been asking the question for months: is the world's most indebted developer too big to fail? Investors finally have the ans
Chinese property giant is headed for one of China’s largest debt restructurings.
For now, Chinese authorities plan to ring-fence Evergrande and limit contagion rather than orchestrate a rescue as they’ve done during past crises.