
The largest real estate developer in the world Evergrande, it turned out that it is also the most indebted in the world, as much of the analysis that financial enthusiasts had been predicting has gone bankrupt, it has a debt of more than 250,000 million US dollars affecting the main markets of China.
This could be catastrophic, since it would cause the reduction of credits, making it difficult to obtain loans, creating a domino effect for the development of medium and large industries, generating unemployment in the Chinese community and where they have their branches.
This causes concern in the world of investors, it can affect the financial and stock markets in the medium and long term, since if there is a reduction in investment, the Chinese Yuan can lose value quickly, at this point in the game the Chinese Government must be taking the necessary measures to protect their economic interests, but this will undoubtedly have an impact on the world economy.