VOICED : El gigante inmobiliario chino Evergrande cae en impago

Evergrande, once a leading Chinese real estate company, defaulted on $1.2 billion in credit payments, as reported by Fitch. The company's financial situation worsened after Beijing tightened credit access for real estate developers. With a debt of $300 billion, Evergrande has struggled to meet interest payments and apartment deliveries. The company's diversification into various sectors has also contributed to its precarious state. Evergrande's potential collapse could have severe economic and social impacts, given its large workforce and the real estate sector's significant contribution to China's GDP. Another Chinese developer, Caixa, also missed a payment recently.

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