Evergrande has officially defaulted: now what?

(Natural News) The collapse of China’s largest and most indebted property developer, Evergrande, is now official. And many are wondering what will happen next. Evergrande’s default probably happened months ago, but it is only now being admitted publicly after the company missed yet another bond payment to offshore (dollar) bondholders. Fitch officially downgraded both Evergrande…  » READ MORE