Evergrande Moves Toward Restructuring as Debt Deadlines Loom

(Bloomberg) — China Evergrande Group’s long-awaited debt restructuring may finally be at hand, posing a fresh test for Xi Jinping’s government as it tries to rein in the country’s financial excesses without derailing economic growth.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsThe embattled developer said in an exchange filing late Friday that it plans to “actively enga
— Read on ca.finance.yahoo.com/news/china-braces-evergrande-restructuring-months-102656492.html

Leave a Reply

Your email address will not be published. Required fields are marked *