Retail
November 5, 2021
Evergrande, which drove much of China’s property boom, now finds itself straddled with $300 billion of debt. If Beijing doesn’t come to the rescue, will Evergrande’s collapse spark a financial crisis? Image credit: Shutterstock
{"ct":"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","iv":"5bc5512bfc451906d7758b8d7ba83511","s":"9df123df07adcb89"}
Share your thoughts. Click here