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China: What is Evergrande and is it too big to fail?

China: What is Evergrande and is it too big to fail?
Published in 21 September, 2021
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Global stock markets have been on high alert as crisis-hit Chinese giant Evergrande faces a key test this week.

The world’s most indebted real estate developer is due to make interest payments of $84m (£61m) on its bonds this Thursday.

Earlier in the week, the company started to repay investors in its wealth management business with property as it struggled to find cash to meet its liabilities.

Read more in BBC.