Evergrande Disaster Reveals Cracks in China’s Property Market

Angry home buyers are ready on as many as 1.6 million residences. Suppliers that offered cement, paint, rebar and copper pipes are owed greater than $100 billion in funds. Staff who have been strong-armed into lending are panicking now that the corporate can not repay them on time. China’s Evergrande Group, the embattled property developer