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Evergrande moves toward restructuring; state swoops in to contain risk

China Evergrande Group has set up a risk management committee as the cash-strapped property developer inches closer to a debt restructuring that has loomed for months over global markets and the. | December 7, 2021

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Evergrande Moves Toward Restructuring; State Swoops in to Contain Risk

HONG KONG China Evergrande Group has set up a risk management committee as the cash-strapped property developer inches closer to a debt restructuring that has loomed for months over global markets and the world's second-largest economy.

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Evergrande is heading for restructuring; The state reduces the risk by Reuters

© Reuters. FILE PHOTO: A sign of the China Evergrande Center building is seen in Hong Kong, China, on September 23, 2021. REUTERS / Tyrone Siu By Clar

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