Developer China Evergrande ordered to liquidate. What will the impact be? – National
A Hong Kong court on Monday ordered China Evergrande, the world’s most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved. WHAT HAPPENS AFTER THE COURT ORDERS EVERGRANDE LIQUIDATED? Once a … Read more
