In Depth: How Evergrande Hid Its Debt

Judging from its balance sheet, China Evergrande Group is a behemoth.

As of the end of the first half of 2021, Evergrande had total assets of 2.37 trillion yuan ($367.3 billion) and total liabilities of nearly 2 trillion yuan. It had 571.7 billion yuan interest-bearing liabilities, a figure that was actually down by about 145 billion yuan from the end of 2020.