National Debt | National Debt News – National Debt Information

News & Articles By Richard Brown

08/21/2023 / By Richard Brown

Evergrande Group files for bankruptcy in the U.S. after two years of distress… debt defaults will now spread across America

Evergrande Group, once hailed as one of China’s most prominent real estate giants, has experienced a dramatic fall that has sent shockwaves through both the Chinese economy and global financial markets. On August 17, Evergrande filed for bankruptcy protection in the United States after two years of distress. Much of Evergrande’s corporate debt was held […]

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