Why china Is Trending Today?

Explore key developments that caused china to trend — updated as the story unfolds.

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August 12, 2025 at 8:26 PM
Evergrande, the world's most indebted property developer, has been removed from the Hong Kong Stock Exchange due to severe debt issues, marking a significant milestone in China's ongoing property crisis. The company, which had amassed over $45 billion in debt, was delisted after failing to address its financial woes, leaving investors with substantial losses. Despite its vast size and influence, Evergrande's assets, including artwork, amounted to a mere $255 million following its default.