Newest video updates about queen elizabeth,luther vandross,apple,chelsea vs brighton,eastenders,jim steinman,tom cruise,wimbledon,anne robinson,elephant and castle,croatia vs spain,tiafoe,basilashvili,,ewan mcgregor,peter mcgarry,cardi b,memphis depay,sharon stone,finance. Have a look at this “China property giant Evergrande files for US bankruptcy protection – BBC News” video below:
Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens.
It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors.
Evergrande defaulted on its huge debts in 2021, which sent shockwaves through global financial markets.
The group’s real estate unit has more…..(read more)