3 ms·
One is that apparently a bunch of suppliers and contractors for their projects have not been paid for a while, so those will default or go bankrupt as well, and
by bobthepanda 3y ago
One is that apparently a bunch of suppliers and contractors for their projects have not been paid for a while, so those will default or go bankrupt as well, and cascade further down the economy.
The other thing is that Evergrande sold mostly through presales so now there are all those paid for but unfinished apartment blocks.