Why China’s Evergrande Has Global Markets on Edge | WSJ

What the Chinese property giant's crisis means for global investors

Evergrande, China’s most indebted property developer, has kept global markets on edge and sparked protests at home as it struggles to survive. WSJ explains why the company’s crisis is raising questions about the state of the world’s second-largest economy. Photo: Alex Plavevski/Shutterstock

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

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#WSJ #China #Evergrande

[liz]

This didn’t really explain the root causes of Evergrande’s problems

[dulcerocio]

Never stop dreaming. Be hungry and never stop believing in your dreams. If someone can do it, you can do it. Be strong

[jarjarbinks]

I have heard that many families invested into this market, mostly involving this company, due to it being supposedly “safer” than the Chinese stock market.

This is going to hurt a lot of families badly. My condolences to them

[kalbs]

Looks like a corporate name change is in the works, Notso-grande sounds fitting

[BroAnarchy]

Social unrest??? _in
That's crazy.

[Thebreakdownshow]

This is a facinating story and the global implications had me hooked.. I am literally working on a script for this topic well done WSJ.

[WhirledPublishing]

All assets from their CEO's and Board of Directors should be seized.

[davidaloha]

This should also mention the bond agreement for CNY bonds, but the lack of agreement for foreign currency denominated bonds. In other words: China's bond holders may get paid, while foreign bond holders get little to nothing.

[liamfraserobrien]

A liquidity crunch on a business that gets paid up front. There must be something dodgy.

[kerriwoollard]

Investing in crypto now should be in every individuals list, in few months from now you show be ecastisity about the decision you made.

[sumeetsharma]

Its default should notch down China's sovereign rating as well and if that happens, alongwith Yuan suddenly depreciating, its ripples will be felt in the US bond market.

[ImJotaroKujo]

China is getting their own version of the US 2008 economic crisis. History just rhymes.

[lorentzinvariant]

Just been reading about the severe energy crisis in China. Evergrande on its own might be containable but multiple major crisis? Not so sure.

[.]

Believe me. This was done with the full knowledge of the Communist party. This is just nuts. The markets are going crazy.

[JC-erje]

Geez, they really letting it snowball to an avalanche. That’s the problem with big players and lack of competition, bigger they are harder they fall.

[steventepper]

“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.”

[mastervz]

Thanks for the explanation. I couldn’t understand any other videos on this matter.

[luckieoleary]

Do not buy unfinished property. Got it

[aletheiai]

XiJP: "Ask what your country can do for the CCP, and not what the CCP can do for the people."

[ecopsych]

STEP ONE: Clawback CEO income over the past 10 years...liquidate his foreign real estate and equity positions!!