EVERGRANDE Liquidation Starts The Downfall of China
The Daily Dollar The Daily Dollar
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 Published On Jan 31, 2024

Evergrande has been ordered to liquidate to pay off its debts, but experts suggest that liquidation will cover less than 5% of their total debt. There are catastrophic consequences if this huge company shuts down operations, from job losses, creditors collapsing and millions losing their home deposits. Will China let this happen? Or Bail them out?



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