The collapse of Evergrande property group has caused fear in the markets of a major slowdown in China and the global economy.
The liquidation proceedings of Evergrande Group have sent shockwaves through the global investment community.
Once a real estate giant, Evergrande’s financial woes have intensified, leading to fears of a potential ripple effect on the broader Chinese economy, as well as globally.
In the wake of Evergrande’s struggles, investors are reassessing their exposure to Chinese assets, leading to a broader re-evaluation of risk in the market.
