China's Economy

China's property giant Evergrande ordered into liquidation by Hong Kong court

Evergrande has been ordered to liquidate by a Hong Kong court. Judge Linda Chan said "enough is enough" after the developer failed to come up with a plan to restructure its debt. The company is the poster child for China's real estate crisis, with more than $300 billion in debt.
TL;DR (Meta-Llama-3.1-8B + RAG)