Evergrande Liquidation: What’s behind China’s Biggest Corporate fail ever January 29, 2024 Unipro2013main News, World Economy, World News </p> <h2>Evergrande Liquidation</h2> <p> One of China’s largest real estate developers has been ordered to liquidate by a court in Hong Kong. Evergrande is the world’s most indebted developer, with more than 270 billion euros worth of liabilities. The order came after efforts to strike a deal with creditors failed. But the liquidation process could be complicated. Numerous authorities are involved and there are political considerations. Liquidation could have a major effect on China’s economy and global markets.</p> <p>00:00 Intro and report<br /> 02:19 DW’s Phoebe Kong reports from Hong Kong<br /> 06:58 DW’s Lars Halter reports from the studio<br /> #China #Evergrande #Debt<br /> Credit to : DW News</p> <p> Please support our Sponsors here :
