Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube

For the latest updates: https://sc.mp/cevg

China Evergrande Group was ordered to liquidate by the Hong Kong High Court on January 29, 2024, after nearly two years of court proceedings. Although it can still appeal the decision, the world’s most indebted property developer will be forced to reckon with creditors, unpaid workers and construction for some 800 unfinished projects in over 200 cities across China. What was behind the rise and fall of a company that nearly dominated the nation’s real estate industry for decades before it came crashing down?

Support us:
https://subscribe.scmp.com

Follow us on:
Website: https://www.scmp.com
Facebook:   / scmp  
Twitter:   / scmpnews  
Instagram:   / scmpnews  
Linkedin:   / south-china-morning-post  

#scmp #SCMPExplains #Evergrandecrisis