What impact is the Evergrande crisis going to have on China's economy in 2022?

Chinese real estate developer Evergrande announced Monday that it was once again suspending trading its shares in Hong Kong. "At the request of the company, trading in the shares of the company was halted at 9.00 a.m. on January 3, 2022, pending the release by the company of an announcement containing inside information," the group said in a short statement on the Hong Kong stock exchange.