Chinese real estate developer Evergrande defaults on debt – CBS News

Dec 10, 2021

The fate of one of China’s largest real estate developers is in limbo after a major credit rating firm says Evergrande defaulted on major bond debts.

CBS News contributor and the founder of Strategy Risks Isaac Stone Fish, break downs Evergrande’s situation and explains how the company got there.

Published by amongthefray

News with a historical perspective. Fighting against misinformation, hate, and revisionist history.

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