Comment & Analysis
In China, Will Luxury Go Down the Drain With Evergrande?
What Happened: Evergrande Group shares plummeted by 20 percent on Monday, reaching a record low, according to the BBC. A statement issued over the weekend by the property giant states: “In light of the current liquidity status of the group, there is no guarantee that the group will have sufficient…
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Click here to read the full story: Jing Daily