Evergrande China is a Chinese property developer that is on the verge of defaulting on its massive debt. How will this impact the financial markets in China and the global economy? Could this be similar to the Lehman’s brothers collapse which triggered the Global financial crisis in 2008-2009 or is this creating an irrational sell-off in the stock market? This is the Evergrande China crisis explained.
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Adam Khoo is a professional stock investor and options trader and the best-selling author of 16 books including ‘Winning the Game of Stocks” and “Profit from the Panic”. Thousands of students have profited from his sharp investment insights into the world of stock market investing and trading.
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