Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

Upworthy

Published

A Hong Kong court’s order to liquidate , the world’s most , is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. Evergrande owes $340 billion to its creditors. Experts say it’s unclear if Monday’s order will be enforced in…

#hongkong #beijing #brocksilvers #kaiyuancapital #shanghai #hongkongs #hangseng #shanghaicomposite #countrygarden #sunacchinaholdings

Full Article