BUSINESS

More news
China Evergrande and Huarong have become examples of Chinese companies that have run up massive debts and are struggling to repay them

China's Struggling Huarong Secures $6.6 Billion Lifeline

The news came as real estate giant Evergrande, whose struggles to address a swollen debt pile, has fanned fears about the Chinese property sector, announced it was raising $273 million by selling its remaining stake in film production and streaming company HengTen Networks.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.