Evergrande Liquidators Recover Under 1% of $46B Creditor Claims

Court-appointed liquidators for China Evergrande have recovered less than 1% of the $46 billion in creditor claims nearly three years into the liquidation process. The recovery rate is far below initial expectations, signaling prolonged and likely minimal distributions to creditors. This underscores the scale of the developer's collapse and the challenges in unwinding China's property debt overhang.

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