Peter Hoskins Business reporter, BBC News Getty Images Before its debt crisis, Evergrande was building a new stadium for its football team, Guangzhou FC What does Evergrande do? Evergrande, formerly known as the Hengda Group, was founded by Mr Hui in 1996 in Guangzhou, southern China. At the time of its collapse, Evergrande had some 1,300 projects under development in …
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