Published 3 years ago

[Opinion] China Evergrande's snowballing debt crisis

Summary by Reuters

HONG KONG - China Evergrande Group has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter said on Friday, days before a deadline that would have seen the developer plunge into formal default. Here is a timeline of events of how Evergrande's debt crisis has unfolded: August 2020 Regulators meet with Evergrande and other big developers to

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Reuters

China Evergrande's snowballing debt crisis

3 years ago·United Kingdom

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World Socialist Web Site

China’s Evergrande crisis at a turning point

The key issue in the Evergrande crisis is whether the government and financial authorities will be able to stave off the effects of the developing slump in real estate and property development on the broader economy.

3 years ago·United States

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