Connect with us

Business

Evergrande’s fight for survival a threat to China’s shadow banking system – The Sydney Morning Herald

China Evergrande appears poised to rake in a large lump of cash as it sells assets. Where that cash might end up is, however,…

Published

on

Article feature image
ADVERTISEMENT

The fate of investors in the groups bonds and the wealth management products that have provided much of its $US305 billion of liabilities has been left hanging.
The list of missed interest payments on Evergrandes bond issues is lengthening, almost on a…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending