China's
Evergrande group is the world's most indebted property
company with accumulated liabilities in excess of $300
billion. Although the company enjoys a grace period
to avoid being in default and the government is expected
to intervene, would the government relent, that is the
Evergrande conundrum.
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This article was originally published in the Frontline
Print edition:
October 22, 2021.
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