China's Evergrande crisis: Shares shed 89% last year
Edited By WION Video Desk
Published: Jan 02, 2022, 22:06 IST | Updated: Jan 02, 2022, 22:06 IST
China's second-largest property developer by sales, Evergrande, slides into more financial trouble as it racks over $300 Billion worth of debt. Fitch, a major credit rating agency declares the firm a defaulter.
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