Evergrande on brink of collapse: 4 things to know

Indebted developer's fate poses broad economic and political consequences

20210921N China Evergrande

Embattled Evergrande Group's towering debt has set off a sell-off across global markets.  © Reuters

YUSUKE HINATA and TAKASHI KAWAKAMI, Nikkei staff writers

GUANGZHOU -- China Evergrande Group's debt problems are shaking up financial markets in the U.S., Europe and Japan. But how has the company reached this point, and what kind of future does it have? Here are four things to know about the world's most indebted property developer.

What is Evergrande, and what are founder Xu Jiayin's political connections?

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