Receivers move on China’s Evergrande

Lenders of struggling Chinese developer Evergrande Group have appointed a receiver to seize its Hong Kong headquarters as the world’s most indebted developer struggles to emerge from its crisis. Saddled with more than $US300 billion ($A445 billion) in liabilities, Evergrande has been trying to sell its 26-storey China Evergrande Centre in Hong Kong’s Wan Chai […]

This post was originally published on Michael West.