Beijing [China], July 31 (ANI): China Evergrande Group, one of the largest property developers in the country by sales has said that it will unveil the restructuring plan within 2022, amid the constantly drowning economy due to the COVID-19 pandemic.
25 years ago, Evergrande, China’s poster boy for the real estate boom started selling bottled water. Read to know what triggered the Evergrande crisis and how it is affecting the global markets. What is the Evergrande crisis? Evergrande started out selling water bottles and dabbled with pig farming. The company also owns Guangzhou Football Club, […]
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