Retail
November 5, 2021
Evergrande, which drove much of China’s property boom, now finds itself straddled with $300 billion of debt. If Beijing doesn’t come to the rescue, will Evergrande’s collapse spark a financial crisis? Image credit: Shutterstock
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","iv":"e0c7b3b4ce8e0926ce256af3f6058418","s":"7f21acb2585ab2c1"}
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