Financial Times (January 28)
2022/ 01/ 29 by jd in Global News
“Oaktree Capital is risking a showdown with Beijing over control of one of ailing property developer Evergrande’s most-prized projects in mainland China.” Seizing “the Venice development could have a profound effect on the wider restructuring of Evergrande, the property developer that has scrambled to reassure its creditors since its finances started to unravel last year.”
Tags: Ailing, Beijing, China, Control, Creditors, Evergrande, Oaktree Capital, Property developer, Restructuring, Risking, Showdown, Venice development
