Evergrande Group Filing For Bankruptcy Protection in US

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Evergrande Group Filing For Bankruptcy Protection in US

NANJING, CHINA - AUGUST 18, 2023 - Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 18, 2023. According to several foreign media reports, Evergrande Group filed for bankruptcy protection in the United States under Chapter 15 of the Bankruptcy Law on August 17 local time. The balance sheet shows that as of December 31, 2022, the group's total liabilities exceeded 2.43 trillion yuan. (Photo by Costfoto/NurPhoto)


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