Why the China Evergrande Crisis Is Scaring Investors Around the World

China Property Market at 'Darkest Moment Before Dawn': AllianceBernstein

In China, a company called Evergrande promised to deliver apartments to some 1.5 million buyers, who are still waiting for their keys.

Some of them have started protesting. They want Evergrande — the world’s most indebted property developer — to resume construction of the apartments they were promised, or give their money back.