The second of a three-part series on China Evergrande Group takes a deep dive into the property developer’s total debt to see whether it can escape its liquidity crisis through property and asset sales.China Evergrande Group, the world’s most indebted property developer, is facing a final notice after engaging in a years-long spending spree to construct a sprawling empire spanning everything from theme parks to electric vehicles (EVs).The Shenzhen-based company, which at one point…
Source : South China Morning Post
Read more…Evergrande: Could it be the end of the road for the world’s most indebted property developer, as US billion bill comes due?
