Article 5PTEQ Evergrande: will it collapse and what would happen if it did?

Evergrande: will it collapse and what would happen if it did?

by
Vincent Ni China affairs correspondent
from World news | The Guardian on (#5PTEQ)

If Chinese property company Evergrande sinks under its $300bn debt its failure would resound across the global economy

Evergrande Real Estate - or Heng Da Group in Chinese - owns more than 1,300 building projects in more than 280 cities across China.

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