Evergrande the Chinese brick giant

CHINESE BRICK GIANT EVERGRANDE LOOKS OVER THE CLIFF AND UNLEASHES FEAR

Investors fear that a possible bankruptcy of the “Great White Rhino” will affect all of China, since the company’s liabilities represent approximately 2% of the Asian country’s GDP.

Evergrande has been struggling to raise funds to pay off its many lenders, suppliers and investors, with regulators warning that its $305 billion in liabilities could pose broader risks to the country’s financial system if it is not stabilized.

in:

https://cincodias.elpais.com/cincodias/2021/09/20/companias/1632118620_368360.html

for your reading and reflection
educational website www.joaquinlopezpascual.com