{"id":121110,"date":"2023-12-04T12:00:20","date_gmt":"2023-12-04T12:00:20","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/indebted-chinese-property-giant-evergrande-gets-more-time-for-restructuring-deal-dw-news\/"},"modified":"2023-12-04T12:00:20","modified_gmt":"2023-12-04T12:00:20","slug":"indebted-chinese-property-giant-evergrande-gets-more-time-for-restructuring-deal-dw-news","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/indebted-chinese-property-giant-evergrande-gets-more-time-for-restructuring-deal-dw-news\/","title":{"rendered":"Indebted Chinese property giant Evergrande gets more time for restructuring deal | DW News"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i3.ytimg.com\/vi\/j2P3X6qwKmE\/hqdefault.jpg\" alt=\"Indebted Chinese property giant Evergrande gets more time for restructuring deal | DW News\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/j2P3X6qwKmE\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>A Hong Kong court has once again given China&#8217;s highly indebted real estate group Evergrande more time to organize a restructuring plan. The court has postponed legal proceedings until January 29 of next year. The real estate giant now has more time to gain backing for its restructuring plan. Last year a creditor filed a winding-up petition in Hong Kong against Evergrande, which would begin the process of liquidation, but the case has dragged on while parties tried to broker a deal out of court. Evergande&#8217;s troubles have become a symbol of the property crisis in China. Experts fear the fall of the company could trigger massive economic shockwaves.<\/p>\n<p>Subscribe: https:\/\/www.youtube.com\/user\/deutschewelleenglish?sub_confirmation=1<\/p>\n<p>For more news go to: http:\/\/www.dw.com\/en\/<br \/>\nFollow DW on social media:<br \/>\n\u25baFacebook: https:\/\/www.facebook.com\/deutschewellenews\/<br \/>\n\u25baTwitter: https:\/\/twitter.com\/dwnews<br \/>\n\u25baInstagram: https:\/\/www.instagram.com\/dwnews<br \/>\n\u25baTwitch: https:\/\/www.twitch.tv\/dwnews_hangout<br \/>\nF\u00fcr Videos in deutscher Sprache besuchen Sie: https:\/\/www.youtube.com\/dwdeutsch<br \/>\n#Evergrande #chinarealestate #propertycrisis<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Hong Kong court has once again given China&#8217;s highly indebted real estate group Evergrande more time to organize a restructuring plan. The court has postponed legal proceedings until January 29 of next year. The real estate giant now has more time to gain backing for its restructuring plan. Last year a creditor filed a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":121111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[130889],"tags":[129332,128996,128997],"actors":[],"class_list":["post-121110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dw-news","tag-court","tag-hong","tag-kong"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Indebted Chinese property giant Evergrande gets more time for restructuring deal | DW News | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Indebted Chinese property giant Evergrande gets more time for restructuring deal | DW News for free, here on News ISC. 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