The US Federal Reserve warned last month that trouble in Chinese real estate could damage the global economy No Comments Uncategorized Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)