The Chinese company has become the most indebted in the world. Here’s what that means for the future of China — and the health of Western pockets
The Chinese company has become the most indebted in the world. Here’s what that means for the future of China — and the health of Western pockets
You’ve likely heard financial whisperings, then rumours, and finally, massive tremors coming from the East over the past few months. And with good reason. China Evergrande now has the honour of being the most indebted property developer in the world with liabilities of over $300bn as of mid December.
You’ve likely heard financial whisperings, then rumours, and finally, massive tremors coming from the East over the past few months. And with good reason. China Evergrande now has the honour of being the most indebted property developer in the world with liabilities of over $300bn as of mid December.
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