Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home

Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home

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A man walks past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 29, 2024. Greg Baker/AFP/Getty Images A Hong Kong court ordered the liquidation of China Evergrande on Monday. Beijing is unlikely to ensure that overseas investors get their money back,…

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