Three More Companies Join Evergrande – Unable to Meet Debt Obligations – Total Debt of Nearly Half a Trillion USD Facing Solvency Issues in China

The China financial crisis is here.  More companies are coming out of the woodwork that are unable to pay debt obligations. We’ve been reporting for weeks on the Evergrande debt obligations that were falling further and further behind. BREAKING: Hong Kong’s Evergrande, With Its Huge China Real Estate Portfolio, Has Trading Halted As Its Debt … Continue reading Three More Companies Join Evergrande – Unable to Meet Debt Obligations – Total Debt of Nearly Half a Trillion USD Facing Solvency Issues in China