China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion - New Delhi Times - India's Only International Newspaper

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 burden. Judge Linda Chan said Monday it was appropriate for the court to order Evergrande to wind…

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