Скачать или смотреть Evergrande Initiates U.S. Bankruptcy Protection Amid Debt Crisis

Chinese real estate giant Evergrande has filed for bankruptcy protection in the U.S. on August 17, invoking Chapter 15 of the U.S. bankruptcy law. This move aims to shield the company from creditors while it attempts to restructure its massive debt. The decision to seek bankruptcy protection in the U.S. is attributed to the more lenient bankruptcy laws compared to China's, and the company's desire to gain time for debt negotiations. Evergrande's move also sends a signal to its global creditors, especially U.S. investors, that it is actively addressing its debt issues. However, China's regulatory authorities have initiated investigations into the company for potential information disclosure violations.

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