{"id":4211,"date":"2023-08-18T07:20:13","date_gmt":"2023-08-18T05:20:13","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4211"},"modified":"2023-08-18T07:20:13","modified_gmt":"2023-08-18T05:20:13","slug":"china-evergrande-files-for-chapter-15-bankruptcy-in-new-york","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4211","title":{"rendered":"China Evergrande files for Chapter 15 bankruptcy in New York"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">China Evergrande Group has sought Chapter 15 bankruptcy protection in New York, court documents showed Thursday.<\/p>\n<p>Chapter 15 bankruptcy protects the company&#8217;s assets in the US while it restructures elsewhere. Evergrande&#8217;s petition cites restructuring proceedings underway in Hong Kong and the Cayman Islands.<\/p>\n<p>The once most valuable real estate company in the world kicked off China&#8217;s real estate crisis in 2021 with a total debt of hundreds of billions of dollars.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China Evergrande Group has sought Chapter 15 bankruptcy protection in New York, court documents showed Thursday. Chapter 15 bankruptcy protects the company&#8217;s assets in the US while it restructures elsewhere. Evergrande&#8217;s petition cites restructuring proceedings underway in Hong Kong and the Cayman Islands. The once most valuable real estate company in the world kicked off [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4211"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4212"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}