Chinese flags hang in front of the Evergrande Center in Shanghai, China, on Sept. 24, 2021. [REUTERS/YONHAP] Economic risks spurred by China's decaying real estate market could bring forward an end to monetary tightening policies worldwide, experts say. Chinese property developer Evergrande Group filed for bankruptcy protection in the United States, multiple foreign media outlets reported Thursday. The petition came amid Evergrande's struggle to settle more than $300 billion of liabilities some two years after it defaulted on its debt.

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