So why is Evergrande filing for bankruptcy in New York and how worried should we be?
Embattled £236billion Chinese property developer Evergrande Group is on the brink of collapse but one detail of its debt restructuring has surprised many. It is filing for bankruptcy in New York rather than China. Daily Express :: Finance Feed
China sees funding ‘dry up’ after Evergrande crisis – property sector rocked
THE FALLOUT of China’s property sector issues is weighing heavily on the country’s finances as it enters 2022 – with local governments falling short of funds. Daily Express :: Finance Feed
Global financial crisis fears: Evergrande to engage with creditors after default
STRUGGLING property giant Evergrande has said it will engage with creditors after it formally defaulted this month. Daily Express :: Finance Feed
Global financial crash fears as a second Chinese developer faces default- next Evergrande?
THE SITUATION for China’s ailing property sector has deteriorated further with another company, Kaisa Group, on the brink of defaulting. Daily Express :: Finance Feed
Global financial crash fears after Chinese giant Evergrande miss another payment
CHINESE property giant Evergrande has failed to meet another payment pushing the company one step closer to a formal default. Daily Express :: Finance Feed
Chinese authorities scramble for ‘managed implosion’ as Evergrande default looms
EVERGRANDE faces default after missing a key deadline for debt payments yesterday and has admitted it may not have sufficient funds to meet all its debts. Daily Express :: Finance Feed
Global financial crisis fears as Chinese giant Evergrande unable to meet £196m repayment
EMBATTLED developer Evergrande has sparked fresh concerns after it admitted it may be unable to repay $ 260m due to current liquidity issues. Daily Express :: Finance Feed
Global bubble BURSTS: Evergrande set for collapse causing ‘great reset’ worse than 2008
THE global financial system is set for collapse and will be worse than the 2008 economic crash, one expert has claimed. Daily Express :: Finance Feed
What’s going on? China stays quiet as Evergrande chaos threatens to sink economy
CHINA’S ruling Communist Party has continued to remain quiet despite fears its vital property market could crash. Daily Express :: Finance Feed
Global financial crash fears as investors STILL haven’t received Evergrande bonds
GLOBAL financial crash fears have escalated after some investors in China’s Evergrande company did not receive interest payments. Daily Express :: Finance Feed