Tag: Evergrande
No Evergrande fallout in Britain
Bank of England Governor Andrew Bailey said that resolving Chinese property developer Evergrande Group’s struggle with $300 billion in liabilities has been fairly protracted. But...
Evergrande faces local government inquiry
The city’s financial regulator told the investors that the Shenzhen government is investigating a unit of Chinese developer Evergrande. This is a first sign of an...
Evergrande domestic debt deal calms contagion concern
China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...
