Chinese property developer Evergrande's debt struggle rattles investors

Chinese property developer Evergrande's debt struggle rattles investors

One of China's biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments. That might jolt financial markets, but analysts say Beijing is likely to step in to prevent wider damage if Evergrande can't manage an orderly resolution of its debts.

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