Here's what to know about the collapse of China's Evergrande property developer
In 2018, Evergrande was listed as the world's most valuable real estate company. But on Monday, a Hong Kong court ordered it to be liquidated.
evergrande
Hong Kong court orders China's Evergrande, which owes $300 billion, to liquidate
China Evergrande is one of the biggest Chinese developers that have collapsed under pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth.
5 Lessons Evergrande Taught Us About The Chinese Economy
Here's what a troubled property developer tells us about the Chinese economy.