China's largest property developer, China Evergrande, is crumbling under more than $300 billion in liabilities. After years of ratcheting up debt to fund expansion, the conglomerate’s financially risky behavior became too dangerous for authorities to ignore.
Its share price has since fallen 81.12% year to date. The question is, will China Evergrande's collapse trigger a Lehman Brothers financial event... or is everything just overblown by the media?
In this week's roundtable, we share our opinions on China Evergrande and what you should do if you're an investor who owns positions in the Chinese stock market.
