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Chinese real estate developer Evergrande defaults on debt

May 20, 2022



The fate of one of China’s largest real estate developers is in limbo after a major credit rating firm says Evergrande defaulted on major bond debts. CBS News contributor and the founder of Strategy Risks Isaac Stone Fish, break downs Evergrande’s situation and explains how the company got there.

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Originally published at https://www.youtube.com/watch?v=3p-sWgqWdjA

This news story originally appeared at Real Estate - Trend Magazine on 20 May 2022