China’s Deepening Crisis: Evergrande’s U.S. Bankruptcy Filing and the Next Risks
Text size Evergrande has long symbolized China’s sprawling and distressed property sector. Getty Images Evergrande has filed for bankruptcy protection in the U.S. nearly two years after its descent into distress triggered a crisis across China’s property sector. More risks, beyond developers, are brewing in the world’s second-largest economy. Evergrande filed for Chapter 15 bankruptcy …