China’s Most Indebted Firm Is Too Big to Fail
Pan Darong, chief financial officer of China Evergrande Group, left, Hui Ka Yan, chairman of China Evergrande Group, center, and Xia Haijun, president and chief executive officer of China Evergrande Group, pose for photographers during a news conference in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

China’s Most Indebted Firm Is Too Big to Fail

(Bloomberg Opinion) -- There's a lot working against China's most indebted property firm. China Evergrande Group is sitting on $113.7 billion in debt and its core profit fell 45% in the first half ...
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