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3 months agoEvergrande ordered to liquidate after it fails to reach restructuring deal with creditors | CBC News
A Hong Kong court has ordered the liquidation of China Evergrande Group, the world's most indebted developer.
The decision is likely to impact China's financial markets and add to the country's economic challenges.
The liquidation process may be complicated due to political considerations and could take months or years to complete. [ more ]