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Chinese Economy a ‘Dead Man Walking’? Strategist Weighs In on Property Crisis

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Chinese Economy a ‘Dead Man Walking’? Strategist Weighs In on Property Crisis
Views 7.6K
Aug-19-2023
China’s Evergrande Group—once the country’s second-largest property developer—filed for bankruptcy in New York on Thursday. The Chinese developer filed for Chapter 15 bankruptcy protection, which allows a U.S. bankruptcy court to step in when an insolvency case involves another country. Chapter 15 bankruptcy is intended to help ...
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