chinese economy

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chinese economy

Evergrande and China’s Looming Risk to Tether

Tether says it doesn’t hold short-term debt from the struggling developer. But that doesn’t mean tether holders aren’t at risk.

By David Z. MorrisSep 17, 2021, 2:06 p.m. EDT

Evergrande Real Estate Group founder and Chairman Hui Ka Yan in March 2014. He's likely a bit less bouyant today - Evergrande is on the verge of default. (Getty)

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