Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens.
It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors.
Evergrande defaulted on its huge debts in 2021, which sent shockwaves through global financial markets.
The group’s real estate unit has more than 1,300 projects in more than 280 Chinese cities, according to its website.
Please subscribe here: http://bit.ly/1rbfUog
#China #US #BBCNews
Hezbollah has suffered a string of military defeats by Israel, culminating in the assassination of its leader Hassan Nasrallah in…
L'edizione della notte del Tg diretto da Enrico Mentana
L'informazione della testata giornalistica di LA7 diretta da Enrico Mentana
NAPOLI (ITALPRESS) – Quarta vittoria stagionale per il Napoli. Il 2-0 rifilato al Monza regala agli uomini di Antonio Conte…