Posted inChina

Evergrande dashes Beijing’s soccer ambitions

A well-known Chinese idiom asks, “Can the eggs remain unbroken if the nest is destroyed?” This saying implies that in a great disaster, no one escapes unscathed. The question is quite pertinent for the ailing Evergrande Group – the second-largest property developer in China – and the ripple effects of its financial troubles for China’s […]

%d bloggers like this: