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Stats that show the size of Evergrande, China's embattled real-estate giant

cryptocurrency 3 months ago
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Evergrande, one of China's biggest real-estate developers, is $300 billion in debt. That's the biggest debt load of any company in the world right now, and is equivalent to 2% of China's GDP. If Evergrande defaults, analysts fear its collapse will send shockwaves through the Chinese economy.
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