Evergrande

China’s Evergrande restructuring: What’s the plan?

BEIJING: Debt-crippled Chinese property giant Evergrande looks headed for a huge restructuring after it defaulted on $1.2 billion in bond repayments and remains mired in further liabilities worth more than $300 billion. What would a restructuring mean for creditors, homeowners and investors? The government is keen to limit any contagion hitting the financial system, but is also deeply concerned about the

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