5 things to know about Evergrande, a Chinese business empire on the brink
CNN
The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt because of a cash crunch.
Experts have characterized the firm's struggles as a major test for Beijing that risks turning into China's Lehman Brothers moment, sending shockwaves across the world's second biggest economy.
Here's what you need to know about Evergrande, and how it got to where it is now.
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