A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province on Nov. 19, 2019. Photo: Chinatopix Via AP
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province on Nov. 19, 2019. Photo: Chinatopix Via AP

Evergrande’s four most over-the-top projects sum up the ‘reckless expansion’ by the world’s most indebted property developer

  • Troubles haunt some of Evergrande’s lavish and grandiose projects as developer runs out of cash, loses control of developments
  • Evergrande was last week ordered to demolish 39 structures at Ocean Flower Island in Hainan, adding to its woes

Topic |   China property
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province on Nov. 19, 2019. Photo: Chinatopix Via AP
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province on Nov. 19, 2019. Photo: Chinatopix Via AP
READ FULL ARTICLE