Evergrande ultimately fails largest economy levels indicating all-out panic_low.mp4

Evergrande ultimately fails, it would be a major sign of trouble for China’s indebted property sector and could be the first of a wave of bankruptcies.

The cash crunch at Evergrande coincides with a general slowdown in China’s property market, exacerbated by higher mortgage rates and stricter rules for borrowers. Regulators have been cracking down on what they see as an overheated property market, with rules introduced last year to limit borrowing in the real estate sector.