Evergrande Debt

Written By uyvhensleypcwlh Tuesday, September 21, 2021 Add Comment Edit

Evergrandes debt crisis is continuing to unsettle investors in Asia and raising concerns about whether a potential default by the troubled. The firm said its interest-bearing debt was at 570 billion yuan 882 billion at the end of June down from a peak of 8355 billion yuan a.

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Evergrande is faced with more than 300 billion in debt hundreds of unfinished residential buildings and angry suppliers who have shut down.

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