---
title: The Story of Evergrande, China’s $300 Billion Albatross
description: The Story of Evergrande, China’s $300 Billion Albatross
image: https://www.barryinvestmentadvisors.com/hubfs/China%20Buildings.jpg
---

February 28, 2022

# The Story of Evergrande, China’s $300 Billion Albatross

Not too long ago, Evergrande was one of China’s biggest success stories. After cashing in on the...

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Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors)

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Not too long ago, Evergrande was one of China’s biggest success stories. After cashing in on the property boom of the late 1990s, Evergrande became a ubiquitous presence in China’s economy, expanding into selling bottled water and even pig farming. In recent years, however, things have turned upside-down, and Evergrande is now less a success story and more a cautionary tale. This video from Bloomberg Quicktake explains how it all happened.

                                                              [![Click Here to Read](https://no-cache.hubspot.com/cta/default/424177/019b9930-4bd3-4832-808d-e6e9a8b6da4a.png)](https://cta-redirect.hubspot.com/cta/redirect/424177/019b9930-4bd3-4832-808d-e6e9a8b6da4a)

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