A woman passes a display showing Evergrande's commercial projects in Beijing. The company has more than $300 billion of debt and is considered the world’s most indebted developer. AP
A woman passes a display showing Evergrande's commercial projects in Beijing. The company has more than $300 billion of debt and is considered the world’s most indebted developer. AP

Fitch downgrades Evergrande and declares developer in default as restructuring looms




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