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China Evergrande’s $300 Billion Debt Struggle Puts World on Watch

Property Developer’s Inability To Make Timely Payments Threatens Debt and Property Markets
Crowds have demonstrated this month at China Evergrande Group’s Shenzen, China, headquarters out of concerns the property developer could collapse. (Getty Images)
Crowds have demonstrated this month at China Evergrande Group’s Shenzen, China, headquarters out of concerns the property developer could collapse. (Getty Images)
CoStar News
September 20, 2021 | 2:11 P.M.

The world has started watching for fallout from the potential financial collapse of China Evergrande Group, one of that nation’s largest conglomerates, whose holdings include more than 1,300 residential and other property projects in 280 cities there.

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