What to Know About Evergrande

what to know about evergrande

What to Know About Evergrande

Lauren Hirsch

Lauren HirschReporting for DealBook 💼

Why is Evergrande in trouble?

China’s property market cooled and regulators are cracking down on the aggressive borrowing habits of developers.

A bailout of Evergrande could encourage investors to pour more money into troubled companies. But a messy collapse could hit property prices and household wealth, and it could also make it harder for other Chinese companies to get money from foreign investors.

NYT

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