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China summons Evergrande founder as crypto currencies slump

December 4, 2021
Source: toysmatrix.com toysmatrix.com
News Snapshot:
China summons Evergrande founder as crypto currencies slump Turkey By Kemal Pasha On Dec 4, 2021 Share FOLLOW US ON GOOGLE NEWS The founder of China’s property developer Evergrande was summoned by the government after the company issued a statement saying it might not have sufficient funds to meet its financial obligations. China Evergrande, which is drowning in a sea of debt worth $300 billion, has been struggling to meet its commitments and the firm’s woes have fanned concerns about the whole property sector, which makes up a substantial part of the world’s No. 2 economy. The cryptocurrency market’s flagship...
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