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
-
Noosa News20 hours agoMoreton Bay oyster farm survives cyclone with help of wave wall innovation
-
Business22 hours ago$10,000 invested in ANZ shares 5 years ago is now worth…
-
Noosa News21 hours agoHelicopter pilots saving lives, providing food and fodder in flooded outback Queensland
-
General21 hours agoInternal Revenue Service starts cutting 20,000 workers