China Evergrande property development
Evergrande is China's second-biggest property developer.
  • Evergrande, one of China's biggest real-estate developers, is $300 billion in debt.
  • That's the biggest debt load of any company in the world right now.
  • If Evergrande defaults, analysts fear its collapse will send shockwaves through the Chinese economy.
  • See more stories on Insider's business page.

Evergrande, once the second-largest property developer in China by sales, is being liquidated by order of a Hong Kong court on Monday.