Chinas Real Estate Turns A Giant Zombie: Evergrandes 400M Herms Belt Loss. Wheres the Money

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28 Aug 2023

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Recently, China’s troubled property giant, Evergrande Group, which has been mired in a debt crisis since last year, once again drew public attention. On August 17th, Evergrande Group filed for creditor protection in a U.S. Manhattan bankruptcy court, seeking the court’s approval for a 19 billion US dollars debt restructuring. #evergrande #chinarealestate #chinaeconomy #chinaobserver All rights reserved.

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