Evergrande’s Collapse: A warning for global markets? – The End of an Era

China Evergrande, once China’s fastest-growing real estate developer, has been formally delisted from the Hong Kong Stock Exchange. The company, which rose to prominence with massive debt-fueled growth, will now be remembered as one of the world’s most indebted firms. Its collapse under more than $300 billion in liabilities shook not just China’s financial system but also global markets. (Source: NYT) The End of an Era