China Evergrande: Caught in a Potentially Fatal Debt Spiral

By John Engle China Evergrande Group (HKSE:03333, Financial) has had a rough 2021 thus far. Down 45% since the start of the year, China’s largest property developer is now trading on bankruptcy fears. Evergrande has seen its fortunes fade precipitously in recent weeks as long-standing fears about its extreme leverage and debt balance have come toContinue reading “China Evergrande: Caught in a Potentially Fatal Debt Spiral”