World News@lemmy.worldEnglish · 1 year ago

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

apnews.com

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

apnews.com

RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 1 year ago

A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy.

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1 year ago
Do they own US properties, I couldn’t find any articles that they do.

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