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Evergrande: Should You Be WORRIED? Impact on Crypto!! (Ep 247)

Coin Bureau

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Evergrand: The Most Indebted Property Developer in the World

Evergrand is one of the largest property developers in china. The firm owns more than 13 hundred projects in over 280 cities across china. It's also a massive employer in the country, employing over 200 thousand people. This debt burden has made evergrand the most indebted property developer in the world. But this sobering fact has come back to bite the company.

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