What to Know About Evergrande
Lauren HirschReporting for DealBook đź’Ľ
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.
