Opinion

The Evergrande crisis: 4 questions that explain why China's property market, which is twice as big as America's and where 20% of homes are empty, matters


Evergrande, the second-biggest real-estate developer in China, has been dominating headlines for weeks. The company has more than $300 billion in debt, making it the most indebted company in the world. It also has 1.4 million undelivered apartments hanging in the balance. The global conversation …

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