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Published on 28 June 2024
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Li,R. (2024). The Impact of the Liquidation of Evergrande Group. Advances in Economics, Management and Political Sciences,86,214-218.
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The Impact of the Liquidation of Evergrande Group

Ruizi Li *,1,
  • 1 International Department of the High School Affiliated to Renmin University, Guancun Street 37, Beijing, China

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/86/20240967

Abstract

This article briefly explains the current situation of the Evergrande group (especially after the liquidation). This paper finds the possible relationship between the operation problems and the bankruptcy situation in the Evergrande group. In addition, the causes of the liquidation and bankruptcy would also be discussed. The research method used in this article would mainly be literature review. This paper briefly summarizes the previous study project and try to draw a conclusion. Moreover, some data-based analysis (mainly focused on the balance sheet of the Evergrande group which can briefly show the development trend of the company) would also be included in this study. Finally, this paper reaches the conclusion that there was an existing insufficient management that causes the final consequence. The group actually had set the goal of cutting the expenditure early to 2017. However, although Evergrande group had fully realized it problem, the manager failed to achieve its objective.

Keywords

Computer vision, Natural language process, Reinforcement learning

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[7]. Yu Shuaiqing and Xu Qian. “Why Evergrande’s Bankruptcy Filing in the U.S.? Evergrande Clarifies: No Involvement in Bankruptcy”. China Real Estate News, 2023-08-28, p. 006, Company.

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Cite this article

Li,R. (2024). The Impact of the Liquidation of Evergrande Group. Advances in Economics, Management and Political Sciences,86,214-218.

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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 2nd International Conference on Management Research and Economic Development

Conference website: https://www.icmred.org/
ISBN:978-1-83558-439-2(Print) / 978-1-83558-440-8(Online)
Conference date: 30 May 2024
Editor:Canh Thien Dang
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.86
ISSN:2754-1169(Print) / 2754-1177(Online)

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