Business
What could an Evergrande debt default mean for China and beyond? – Al Jazeera English
Will Chinese authorities allow Evergrande’s creditors to suffer major losses, or intervene in some way?
China Evergrande Group is deeply in the red to the tune of $300bn. And concerns are mounting that if it defaults on its debt, it could spell disaster for Chinas property market and send shock waves through the worlds second-biggest economy.
A reckoning…
Continue Reading
-
General23 hours agoFederal government funding extends cohealth GP services until July 2026
-
General8 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News22 hours agoSunshine Coast Airport receives green light for major upgrade opening doors to growth jobs and tourism across the region
-
General11 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique