Evergrande’s Fall: A Cautionary Tale on the Dangers of Debt
In January 2024, a tremor shook the global financial landscape with the official collapse of China’s Evergrande Group. Once the world’s second-largest real estate developer, the company crumbled under the weight of a staggering $300 billion debt, sending shockwaves through China’s economy and raising concerns about the dangers of excessive leverage in the real estate …
Evergrande’s Fall: A Cautionary Tale on the Dangers of Debt Lire la suite »