China Evergrande

T he crisis engulfing Evergrande Chinas second-biggest property company is the greatest test yet of President Xi Jinpings effort to reform. Chinas Lehman Brothers moment.

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Now Chinese property giant Evergrande.

China evergrande. Its main business is in real estate and its Chinas second-largest property developer by sales. The fact that Chinas economy is so large could affect the rest of the world Chang added. Evergrande is everywhere.

Evergrande owns more than. If China were to have a serious economic issue because of China Evergrande. It was once a darling of Chinas booming property sector expanding into football teams infant formula and electric cars.

Evergrande crisis rattles economy Read more Evergrande shares closed 102 lower in Hong Kong on.

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