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- China Evergrande has filed for US Chapter 15 bankruptcy protection.
- It is the world's most indebted developer with about $340 billion in liabilities as of end-2022.
- Evergrande's filing came amid a real-estate crisis and its spillover impact on the economy in China.
Embattled Chinese property developer China Evergrande — the world's most indebted developer — just filed for bankruptcy protection in the US on Thursday.