Shares in China’s Evergrande plunge again as fears of contagion grow

Halted construction of Evergrande’s Cultural Tourism City in Suzhou, China. The property giant’s debt crisis is already dragging down other markets in Hong Kong and Australia. Photograph: Vivian Lin/AFP/Getty Images

Halted construction of Evergrande’s Cultural Tourism City in Suzhou, China. The property giant’s debt crisis is already dragging down other markets in Hong Kong and Australia. Photograph: Vivian Lin/AFP/Getty Images

source https://www.theguardian.com/world/2021/sep/20/shares-in-chinas-evergrande-plunge-again-as-fears-of-contagion-grow