Chinas Evergrandes shares pummelled on fear of debt default. Snowed under its crushing debt of 300 billion Evergrande is so huge that the fallout from any failure could hurt not just Chinas economy.
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As Evergrande scrambles to raise funds to pay off debt regulators.
Evergrande debt default. Shares in the embattled Chinese property giant Evergrande have slumped again after two credit downgrades in as many days amid concerns that it will default on parts of its massive 300bn debt.
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Chinese Property Giant Evergrande Is On The Brink Of Default Cnn Video
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