Tag: 300bn

China assets market place rocked as Evergrande struggles to repay $300bn debts | China

Shares in the embattled Chinese property giant Evergrande have slumped all over again soon after two credit history downgrades in as many days amid issues that it will default on sections of its large $300bn personal debt pile. Evergrande, which is 1 of the world’s most indebted businesses, has viewed its shares tumble 75% this