#evergrandecrisisexplained

A Hong Kong court has ordered the liquidation of China Evergrande group, the world's most indebted developer with over $300 billion in liabilities. The liquidation of Evergrande, with $240 billion in assets, is poised to send ripples through china's alread

Embattled Chinese development company - Evergrande, has been ordered to liquidate by a Hong Kong court after an 18-month long hearing. Evergrande, which is the world’s most indebted property developer with about 300 billion dollars in liabilities, failed t

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burd