We’re seeing a mass of news articles come up about China Evergrande Group after it was made public that they are in serious financial trouble.. And the kicker is, this company is so big the global economy could feel the shockwave.
This is because Evergrande owes over $300B to creditors, threatening to destabilize China’s entire economy.
For more news and information from MNN, subscribe to our free email newsletter.
Now Because everyone on Twitter has piled on with their hot ‘n spicy takes, I want to take a minute to help you stay on top of this issue, this way you’ll know how to change your investing strategy, or if it’s necessary at all to be concerned.
*I am not a financial advisor. This is not financial advice*