What we know about Evergrande’s ‘black-box’ restructuring
The disaster at Evergrande, the world’s most indebted residence company, reached a milestone final thirty day period when it formally defaulted on offshore bonds. But the rest of the saga…
Alibaba finance chief to step down in company restructuring
Alibaba’s longtime finance chief Maggie Wu is stepping down as the Chinese ecommerce giant shakes up its organisation to reverse slowing growth and halt the fall of its share price…