China Evergrande files for protection in US court as part of $32 billion debt overhaul | Business News
News Business Companies China Evergrande files for protection in US court as part of $32 billion debt overhaul Embattled developer China Evergrande Group has filed for protection from creditors in a US bankruptcy court as part of its debt restructuring process, as anxiety grows over China’s worsening property crisis and a weakening economy. Evergrande announced … Read more