Evergrande Group Crisis

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Evergrande Group Crisis

The Evergrande Mingdu residential complex, owned by Evergrande Group, is seen in Huai 'an, Jiangsu province, China, December 3, 2022. On the evening of July 17, 2023, China Evergrande Group's financial report showed that Evergrande had a two-year loss of more than 812 billion yuan and total liabilities of more than 2.4 trillion yuan. (Photo by Costfoto/NurPhoto)


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