Export Pessimism

Evergrande fiasco could hurt global economy

All eyes are on China’s Evergrande, the heavily indebted real estate conglomerate that has become a market obsession after global investors tuned in to its growing problems this week. What’s happening: The company faces a crucial test Thursday, as it has a deadline to pay nearly $ 84 million in …

Read More »

Evergrande fiasco could hurt global economy

All eyes are on China’s Evergrande, the heavily indebted real estate conglomerate that has become a market obsession after global investors tuned in to its growing problems this week. What’s happening: The company faces a crucial test Thursday, as it has a deadline to pay nearly $ 84 million in …

Read More »