Why China’s economy is threatened by property giant Evergrande’s debt problems

September 11, 2021 10:22 AM

BEIJING (NYTIMES) – Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.

Source : http://www.straitstimes.com/business/economy/why-chinas-economy-is-threatened-by-property-giant-evergrandes-debt-problems