Niaga AWANI: Offshore Creditors Threaten Liquidation of China Evergrande Group Amid Debt Crisis
Offshore creditors of China Evergrande Group are considering joining a court petition to liquidate the cash-strapped developer if it fails to present a new debt restructuring plan by the next month. This creditor group holds a significant portion of Evergrande's offshore bonds, potentially strengthening the legal action initiated by...