this post was submitted on 18 Jul 2023
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Evergrande: Crisis-hit Chinese property giant reveals $81bn loss (www.bbc.co.uk)
submitted 2 years ago by [email protected] to c/[email protected]
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[–] [email protected] 12 points 2 years ago

As with any data out of China, it would be underestimated or unreliable, but yes, it seems like it should have been larger.

The metrics in the latest RBA chart pack were not encouraging either.
https://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf?v=2023-07-18-17-40-13