The Evergrande Group, which in 2020 was considered the most important construction developer in China, began its decline in 2021 when it announced losses amounting to *** million Chinese yuan. The situation has worsened since then, to the point that a Hong Kong court ordered its liquidation at the end of January 2024. The firm, which has *** billion U.S. dollars in assets, will have to start liquidating its holdings to try to repay part of its debts to creditors. The bankruptcy of this company, combined with the slowdown in home sales, is generating fears of contagion among other groups in the sector within the country.
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Thomson Reuters. (January 29, 2024). Evergrande Group's net result worldwide from 2020 to 2023 (in billions of yuan and U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 07, 2026, from /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/
Thomson Reuters. "Evergrande Group's net result worldwide from 2020 to 2023 (in billions of yuan and U.S. dollars)." Chart. January 29, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 07, 2026. /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/
Thomson Reuters. (2024). Evergrande Group's net result worldwide from 2020 to 2023 (in billions of yuan and U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 07, 2026. /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/
Thomson Reuters. "Evergrande Group's Net Result Worldwide from 2020 to 2023 (in Billions of Yuan and U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Jan 2024, /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/
Thomson Reuters, Evergrande Group's net result worldwide from 2020 to 2023 (in billions of yuan and U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/ (last visited August 07, 2026)
Evergrande Group's net result worldwide from 2020 to 2023 (in billions of yuan and U.S. dollars) [Graph], Thomson Reuters, January 29, 2024. [Online]. Available: /statistics/1635830/the-commission-has-also-adopted-a-number-of-measures-to-improve-the-quality-of-life-of-the-unions-citizens/
