image

epa09479380 People walk around Evergrande city plaza in Beijing, China, 21 September 2021. Evergrande Group is ChinaâÄ™s real estate conglomerate and the worldâÄ™s most indebted property developer. Stock markets in Asia, the USA, and Europe were hit by a major sell-off on 20 September since the companyâÄ™s shares closed 10 percent lower in Hong Kong. The Evergrande Group announced its concern in a stock filing this month that the group might not be able to meet its financial obligations. EPA/WU HONG