Shares in embattled Chinese property developer Evergrande plummeted Monday, following the announcement that it would be
Shares in embattled Chinese property developer Evergrande plummeted Monday, following the announcement that it would be unable to carry out a restructuring plan intended to guarantee its survival. The company collapsed more than 25 percent by the break, underscoring market concerns as China’s property sector faces an unprecedented crisis. On Sunday evening, Evergrande announced that […]
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