What the collapse of a company owing $300 billion means for the world
What the collapse of a company owing $300 billion means for the world
www.businessinsider.com What the collapse of a company owing $300 billion means for the world
Evergrande, China's biggest real-estate developer, is being liquidated. It has assets worth about $245 billion, but owes about $300 billion.
A Hong Kong court ordered the liquidation of China Evergrande, the world's most indebted property developer.
Evergrande has assets of about $245 billion, but owes about $300 billion.
Its demise is a "controlled collapse," but still raises systemic risk and will hurt investors, says an analyst.
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Tencent next please.
Quickly before they fuck up D&D even further
That wasn't real. It was someone misunderstanding a licensing proposal.
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