The troubled Chinese property giant has spooked investors yet again after making a dramatic and unexpected announcement.

Today big banks UBS and Barclays finally admitted that the Evergrande solvency issue is but a small part of the China economic crisis.

Could Evergrande’s collapse tank the global economy? One of China’s largest real-estate development companies goes into freefall.

This is really scary. These are big numbers that may affect the entire world.