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Evergrande's Liquidation Looms
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Evergrande's Liquidation Dilemma
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China Evergrande, the world's most indebted developer, faces a Hong Kong court hearing over a creditor request to wind up the company. The potential liquidation raises questions about the recognition and execution of the decision in mainland China, as well as the fate of building presold homes worth an estimated 604 billion yuan.
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How does the recognition and execution of the decision in mainland China affect the legal system and international business practices?
How might the potential liquidation of China Evergrande impact the global real estate market and investor confidence?
What are the potential consequences of the company's indebtedness on the Chinese economy and its financial stability?
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