China's embattled Evergrande tries to pay bills with parking spots


Link: News.com.au
Date: 2021-09-17

Why

Business is in large debt and is failing monetarily

How

Too much loans and debt accumulated that is struggle being paid off witht ehc urrent revenue path.

Opinion

This is old news and has been happening for years. This will not cause a major market crash because market crashes happen when majority of people don't see it coming, when people do see it coming, there will be steps taken to handle the issue.
The government will save the company and will not this cause a major market crash. It's possible the government is reining in the ultra rich people and companies in the country to shift their profits to cover debts or downturns in other sectors.