Evergrande Got Too Grand For Its Own Good

Alfredo Montufar-Helu, Beijing Director, The Economist Intelligence Corporate Network

27-Sep-21 07:30

Evergrande Got Too Grand For Its Own Good

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The world most indebted property company turned conglomerate, Evergrande is facing a debt pile of over US$300 billion with a serious cash crunch. Alfredo Montufar-Helu, Beijing Director, The Economist Intelligence Corporate Network tells us the backstory of how this happened and is the Chinese government going to save the day.

Image credit: hxdbzxy / Shutterstock.com

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Philip See

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Categories: Personal Finance, Investments, Financial Literacy, Young Finance, Personal Development, Entrpreneurship, SME, Business Analysis, Trends and Forecasts, Markets, Property, Politics, Social Issues, law & legal matters

Tags: Evergande, China, Debt, Outlook, Performance, Urban development, Rural development,

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