China's Real Estate Giant Evergrande to be Liquidated in Hong Kong | Vantage with Palki Sharma nnA court in Hong Kong has ordered the liquidation of China's debt-ridden property giant Evergrande. This decision was taken after the company failed to come up with a debt restructuring plan. Evergrande is just one of the worst-hit firms in China's property market crisis. Evergrande has been cash-strapped since 2021, with a debt worth over $300 billion. What will this liquidation mean for China's economic crisis? Palki Sharma tells you.
