YellowGrade
Evergrande: Why the Chinese property giant is close to collapse

Sept. 14, 2021, 11:23 a.m.

(Deutsche Welle) China Evergrande, once the country's second-largest real estate developer, is drowning in debt. Some 1.5 million people have put deposits on new homes that have yet to be built. A collapse could be catastrophic.

Login to grade this article.