China Evergrande Group is struggling under some US$290 billion of liabilities, making it the world’s most indebted developer. Photo: Reuters
China Evergrande crisis: world’s most indebted developer misses overhaul proposal deadline amid creditor talks
- China Evergrande Group once again fell short on its promise to announce its offshore debt-restructuring plans by the end of 2022
- The world’s most indebted developer is facing a winding-up lawsuit in Hong Kong
China Evergrande Group is struggling under some US$290 billion of liabilities, making it the world’s most indebted developer. Photo: Reuters
