One of China's largest-ever debt restructurings is starting to take shape.China Evergrande Group was declared to be in default in late 2021, the highest-profile casualty of a broader crisis in the country's property industry.The government is now overseeing the rescue, quelling fears of a disorderly collapse that could jolt the world economy.
#construction #fundraising #early-march #electric-vehicle #late-february #obligations #restructuring #early-december #migrant-workers #world-economy
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