The founder Evergrande, China’s biggest property developer, was summoned by the government after the company issued a statement saying it might not have sufficient funds to meet its financial obligations. Evergrande is currently in a huge amount of debt worth $300 billion and has been struggling to meet its commitments. The property developer’s financial problems have ignited concerns about the whole property sector, which makes up a substantial part of China’s economy. Furthermore Bitcoin plunged by 1.68% to $55,456 on Friday, shortly after the Evergrande statement was made. Evergrande made a statement warning of it’s current liquidity situation on Friday...