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China Evergrande, which is the world's most heavily indebted property developer and became the poster child for China's property crisis, filed for protection from creditors in a US bankruptcy court https://t.co/UlGbZqVr0a pic.twitter.com/T4RxYRw70M
— Reuters (@Reuters) August 17, 2023
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There are reports and speculations that one of China’s richest man, Xu Jiayin, of the failing property giant Evergrande, has divorced his wife in an apparent move to hide assets. Some other senior executives in the industry have done the same. pic.twitter.com/u2lihwXkBt
— 杨涵 Han Yang (@polijunkie_aus) August 17, 2023
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#Evergrande's Economic Quake: China's Property Crisis Spills Over Borders
— BreezeIn (@BreezeInBusan) August 18, 2023
The real estate slowdown is also reverberating globally. Consequently, South #Korea is bracing for potential economic aftershocks.https://t.co/7BCyzRXVOR
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weehingthong 