Chinese Developer Evergrande Admitted It May Formally Default. With $10 Billion in ... - Latest Tweet by Reuters

Chinese developer Evergrande admitted it may formally default. With $10 billion in property bonds maturing in January alone, officials are under pressure to keep the sector from collapsing. The solution is to put more housing in state hands, says @ywchen1 https://t.co/4I4kGYK7ZU pic.twitter.com/7hydwVWfGT— Reuters (@Reuters) December 6, 2021

(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)