Evergrande Debt Crisis Explained.
Thousands of retail investors, as well as banks, suppliers, and foreign investors are owed money by the company. As of 21 September, the developer has 2 trillion RMB (310 billion USD) in liabilities.
https://greatgameindia.com/evergrande-crisis-explained/
Evergrande Debt Crisis Explained - GreatGameIndia
The Evergrande debt crisis is the ongoing financial situation of Chinese property developer Evergrande Group. After a letter circulated online of the company informing the Guangdong government that it was at risk of a cash crunch, shares in the company plunged in value, with impacts on global market..
https://greatgameindia.com/evergrande-crisis-explained/
