Evergrande technically defaulted, forcing HSBC and other international banks to write off 197 billion US dollars
- Written by Media Outreach
BERLIN, GERMANY - Newsaktuell - 29 October 2021 - For the second time in a week, China Evergrande Group has apparently technically defaulted on interest payments to international investors. This further manifests the bankruptcy of the real estate developer. The real estate group has accumulated a mountain of debt totaling $305 billion....














