Evergrande is China’s largest property developer and – at this point – possibly its largest real estate disaster. All of this has happened at a rapid pace – from red flags raised in 2018, to the risk of stalled construction and massive investor losses this year. This should also be taken as a warning of what can happen, if you jump into overseas properties. But first, for those of you who are unaware, here’s the video that has been making its rounds on social media: And well, here’s a condensed timeline for those interested in the background of the current situation: Evergrande is the biggest real estate developer in China (according to Mingtiandi) by revenues in 2020, and has completed nearly 1,300 commercial, residential, and infrastructure projects so far. Their assets and equity have been booming over the past few years, but not in the way of its net income. There are many reasons mooted for this, but one major...