Evergrande

A looming default by Chinese property developer Evergrande. The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could.

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It is the non-COVID non-inflation risk that has been lurking in the global backdrop for months.

Evergrande. Its main business is in real estate and its Chinas second-largest property developer by sales. Evergrande has more than 305 billion in liabilities making it the most indebted company in the world. That debt has helped buy the company.

Evergrande is everywhere. Evergrande the worlds most indebted property developer is crumbling under the weight of more than 300 billion of debt and warned more.

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