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12/17/2021 1:31:00 PM



Angry Chinese investors occupied a conference room at China Evergrande's headquarters in Shenzhen in July 2021 After months of bad publicity for China Evergrande Group in Chinese social media, and reports of domestic investors' protests in multiple cities in China after Evergrande's non-payment of its wealth management products, finally came Fitch Rating's downgrade of China Evergrande to 'Restricted Default' on December 9. Any investor who counts on timely rating changes to make investment decisions will b...

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