Contagion could spread to markets beyond China. Snowed under its crushing debt of 300 billion Evergrande is so huge that the fallout from any failure could hurt not just Chinas economy.
Evergrande Wants To Become An Ev Juggernaut But Is 113 7 Billion In Debt
Property giant China Evergrande Group has said that it cannot sell properties and other assets fast enough to service its massive 300bn.
Evergrande china debt. Shares in the embattled Chinese property giant Evergrande have slumped again after two credit downgrades in as many days amid concerns that it will default on parts of its massive 300bn debt.
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