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Evergrande may have become too big to fail
Published Thu, Apr 14, 2016 · 09:50 PM
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Hong Kong
EVERGRANDE Real Estate Group Ltd, the Chinese developer that's been on a debt-fuelled buying spree in the past year, may be too big to fail, according to research firm CreditSights.
A default by Evergrande, China's largest developer by assets, could "wreak havoc among the banks and ca…
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