Instead of resolving questions about the fate of the Chinese behemoth, the announcement only deepened them. The firm, Fitch Ratings, said in its statement that it had placed the Chinese property developer in its “ restricted default ” category....
In the United States and many other places, bondholders could push an unwilling company into some form of reorganization, usually in court, and divvy up the pieces. That may still happen....
wy, chief executive of SC Lowy, an investment firm that has
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2021-12-10 00:00:00.0