MACAU DAILY TIMES 澳門每日時報Order to liquidate property giant Evergrande is one step in fixing China s debt crisis macaudailytimes.com.mo - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaudailytimes.com.mo Daily Mail and Mail on Sunday newspapers.
BANGKOK (AP) — A Hong Kong court’s order to liquidate China Evergrande, the world’s most heavily indebted real estate developer, is only a tentative step toward resolving a debt crisis
China Evergrande Group: Evergrande owes $340 billion to its creditors. Experts say it s unclear if Monday s order will be enforced in mainland China, where the company and 90% of its assets are based.
BANGKOK A Hong Kong court’s order to liquidate China Evergrande, the world’s most heavily indebted real estate developer, is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. Evergrande owes $340 billion to its creditors. Experts say it’s unclear if…