Mon, Sep 25, 2023
Evergrande said it had delayed making a decision on offshore debt restructuring from September to next month to allow holders of its debt more time to consider its proposal.
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Fri, Aug 18, 2023
China's real estate giant Evergrande Group has filed for bankruptcy protection in the United States, a move that could have far-reaching implications for the global economy. The company is one of the world's most indebted developers, with over $300 billion in liabilities. Its collapse could lead to a wave of defaults in the Chinese property market and could also have a knock-on effect on other sectors of the economy.
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