The name Evergrande is becoming as famous in 2021 as the name Lehman Brothers was in 2008. The colossal Chinese real-estate developer is wobbling, threatening markets far outside China's borders.

(Reuters) -China's Evergrande Property Services Group said on Friday it expects to record a decrease of up to 37% in its annual profit for the year ended December 31, 2024, due to legal expenses ...