If Evergrande Liquidates, What Next?

If Evergrande Liquidates, What Next?
The Evergrande Group headquarters logo in Shenzhen in southern China's Guangdong Province on Sept. 24, 2021. Ng Han Guan/AP Photo
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News Analysis

The lingering China Evergrande Group crisis of more than two years may be reaching a tipping point, with the world’s most indebted property developer averting a potentially imminent liquidation with a last-minute adjournment of a court hearing to January 2024, allowing the company time to finalize a revamped debt restructuring proposal.