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The Breakdown: Evergrande Once one of China’s most successful developers, Evergrande has been labeled a defaulter and is more than $300 billion in debt. Now it's racing to restructure as bondholders warn of possible enforcement action.
Subscriber OnlyBusinessPrognosisAstra-Oxford Shot Is Key to Escaping Pandemic for Many NationsVaccine makes up 40% of low-, middle-income countries’ supplyWorld awaits Astra data after strong Pfizer, Moderna resultsOxford-AstraZeneca Vaccine `Much Easier to Distribute': Lancet EditorByJames Paton and Suzi Ring+FollowNovember 22, 2020, 5:00 AM UTCSign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.Trial successes from Pfizer Inc. and Moderna Inc. have buoyed hopes that a Covid-19 vaccine is coming soon. But much of the world, outside of rich nations like the U.S., is counting on another company’s shot to escape the crisis.