Evergrande Debt
Evergrande the worlds most indebted property developer is crumbling under the weight of more than 300 billion of debt and warned more. Evergrande is faced with more than 300 billion in debt hundreds of unfinished residential buildings and angry suppliers who have shut down.
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The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt.
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