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The Empire Collapsed, the Real Estate King Testified

Summary by economx.hu
One of the most notorious cases in China's property crisis has entered a new phase after the founder of Evergrande pleaded guilty to multiple financial crimes. The case not only marks the downfall of a once-market developer but also the end of the over-leveraged growth model that powered China's property market for years.
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One of the most notorious cases in China's property crisis has entered a new phase after the founder of Evergrande pleaded guilty to multiple financial crimes. The case not only marks the downfall of a once-market developer but also the end of the over-leveraged growth model that powered China's property market for years.

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economx.hu broke the news on Sunday, April 19, 2026.
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