China’s Evergrande: The Spectacular Fall and Implications of a Corporate Bankruptcy

China’s Evergrande Group Files for Bankruptcy: The Fallout and Economic Implications The Collapse of Evergrande China’s Evergrande Group, once the country’s second-largest property developer, filed for bankruptcy in New York on Thursday. This move comes after the company heavily borrowed and defaulted on its debt in 2021, leading to a major property crisis in China’s […]