Evergrande lost more money in 2021, 2022 than Microsoft ’s entire profit last year

Evergrande’s debt problems in 2021 helped to burst China’s real estate bubble. Now, thanks to the release of the company’s long-delayed financial results, we now know just how bad Evergrande’s 2021 was. Late Monday, China Evergrande Group finally reported its financial data for both 2021 and 2022…#chinaevergrandegroup #hongkongs #croatia #hongkong #caymanislands #beijing #nanchang #jiangxiprovince #goldmansachs
Source: Reuters: Health - Category: Consumer Health News Source Type: news