Liquidation of China's Evergrande has 'a lot of similarities' to Lehman Brothers, analyst says
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China’s Evergrande Group, the most heavily indebted real estate developer in the world, sent the Chinese real estate market into a tailspin when it defaulted on its debt in 2021. Now, a Hong Kong court has ordered the company to liquidate — a ruling that could send ripples through China and…
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