Amidst China’s Economic Turmoil, Evergrande Seeks US Bankruptcy Protection

China Evergrande Files for US Bankruptcy Protection as China Economic Fears Mount August 18, 2023 China Evergrande Group, one of China‘s top-selling developers, has filed for U.S. bankruptcy protection as part of its debt restructuring efforts. This move comes amidst growing anxiety over China‘s worsening property crisis and its potential impact on the weakening economy. […]