New Trouble Roils China Evergrande, Fueling Real Estate Crisis Fears

Just a few weeks ago, China Evergrande, the world’s most debt-saddled real estate developer, was writing its final chapter and working to resolve financial disputes with its creditors. Then a stream of bad news came and the pages were torn up.

Staff at the company’s wealth management arm have been

by the authorities. Two former top executives are reportedly being held and its billionaire chairman is under police surveillance….