Evergrande default is highly likely, S&P says

 “The firm has lost the capacity to sell new homes, which means its main business model is effectively defunct. This makes full repayment of its debts unlikely,” the analysts said.

CNBC NOV 18 2021

https://www.cnbc.com/2021/11/18/china-evergrande-default-is-highly-likely-sp-says.html



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