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May 19, 2024
Worship Media
World News

China Evergrande: What the company’s debt crisis means for the world

The debt crisis at property giant China Evergrande Group poses a challenge for the Chinese government.

It is unclear whether Beijing will provide the company with the funds to meet its debt obligations.

So how did we get here and what’s at stake? The BBC’s Katie Silver explains.

Click Here to Visit Orignal Source of Article https://www.bbc.co.uk/news/world-asia-china-58702451?at_medium=RSS&at_campaign=KARANGA

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