China Evergrande’s Crash Was Accelerated by Questionable Accounting
https://www.nytimes.com/2023/12/05/business/china-evergrande-default-debt.html
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
https://www.nytimes.com/2023/12/05/business/china-evergrande-default-debt.html
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
Related:
China’s Colossal Hidden-Debt Problem Is Coming to a Head
https://www.wsj.com/world/china/chinas-colossal-hidden-debt-problem-is-coming-to-a-head-83a34dc0
https://www.wsj.com/world/china/chinas-colossal-hidden-debt-problem-is-coming-to-a-head-83a34dc0