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Tag: Nearing

Real Estate Chinese Real Estate Giant Evergrande Nearing Collapse As Market Braces For Ripple Effects

Chinese Real Estate Giant Evergrande Nearing Collapse As Market Braces For Ripple Effects

Christin Hakim, September 18, 2021

Hong Kong A potential crisis is brewing in China’s real estate market. China Evergrande Group, the second-largest property developer in the country, will miss at least some of its debt payments this month and is at serious risk of default, Reuters reports. Evergrande has a total of $305B in liabilities…

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