2.07.2024

Someone has lost a lot of money

One of the world's largest real estate companies, The China Evergrande Group, which has struggled in recent years, was forced into compulsory liquidation late last month by a Hong Kong court.

As late as 2018, the company was the most valuable real estate company in the world, but by 2021 it had collapsed financially and started the crisis in the Chinese real estate sector.

I don't yet know how this gigantic bankruptcy will affect my life in Sweden, but I am absolutely convinced that it will, somehow.
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