BBCNEWS World Business Report June 4, 2024 04:48:00
Ones defaulted in there were real fears of ones defaulted in there were realfears of contagion ones defaulted in there were real fears of contagion in the chinese property sector which was once a major driver for economic growth. evergrande then announcing its restructuring plans in march and we have been waiting for the company to announce earnings for the last two years, delayed, delayed but finally we got to see those numbers and as you mention the loss of more than $80 billion over that two years and i watering figure but not too surprising either. i should mention this is the first time t...