Evergrande Debt
Evergrandes debt crisis is continuing to unsettle investors in Asia and raising concerns about whether a potential default by the troubled. The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt.
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Evergrande has the distinction of being the worlds most debt-saddled property developer and has been on life support for months.
Evergrande debt. Evergrandes fast expansion over the years has been fuelled by debt. It has been aggressively raising loans to support its land buying.
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