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Evergrande and China’s Looming Risk to Tether

Tether says it doesn’t hold short-term debt from the struggling developer. But that doesn’t mean tether holders aren’t at risk.

Updated May 11, 2023, 4:57 p.m. Published Sep 17, 2021, 6:06 p.m.
Evergrande Real Estate Group founder and Chairman Hui Ka Yan in March 2014. He's likely a bit less bouyant today - Evergrande is on the verge of default. (Getty)