Not So Grande
René Ammann
20. September 2021
Some analysts are describing the Evergrande crisis as “China’s Lehman Brothers moment.”(Photo: Harcourt House & China Evergrande Centre in Hong Kong, photographed in 2017 by Wpcpey/Wikimedia Commons)
Debts China’s property giant Evergrande, the country's second-biggest property company, suddenly cannot pay: $300 billion (€256bn)