HONG KONG -- A Hong Kong court will consider a winding-up petition for the Chinese property developer China Evergrande Group next week in a case that could provide a crucial test of cross-border insolvency arrangements between the special administrative region and Beijing.
China debt crunch
Evergrande case could test China-Hong Kong insolvency arrangement
Liquidation hearing for heavily indebted Chinese developer set for Jan. 29
China Evergrande Group, which defaulted in 2021, has more than $300 billion in liabilities. © Reuters
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