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3232Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
https://www.digit.info/evergrande-losses-sparks-fear-of-looming-credit-contagion-janet-yellen-asks-to-raise-us-debt-ceiling/
Mon, 20 Sep 2021 19:00:34 +0000https://www.digit.info/2021/09/20/evergrande-losses-sparks-fear-of-looming-credit-contagion-janet-yellen-asks-to-raise-us-debt-ceiling/Read more]]>Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit contagion. Credit problems with China’s real estate industry have affected global markets […]