china debt


Markets

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.

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)

Pageof 1