Does China's Evergrande have to pay back its $300 billion debts now?

Does China's Evergrande have to pay back its $300 billion debts now?

Upworthy

Published

The world’s most heavily indebted real estate developer has been ordered to undergo liquidation. But their assets don't cover their liabilities. Evergrande's Hong Kong-traded shares plunged more than 20% early on Monday before they were suspended from trading after a Hong Kong court ordered the…

#hongkong #beijing #lindachan #fergussaurin #shawnsiu #chinaevergrande #euronewsbusiness #evergrandegroup #communistparty #europeancentralbank

Full Article