If the Chinese Communist Party doesn’t handle the property giant’s default carefully, the economic and political consequences could be seismic.
The woes of the world’s most heavily indebted property developer could soon mean problems for Xi Jinping, China’s economy and beyond.
First published: ft.com, 1/10/2014
Lower borrowing costs are the last thing needed to rebalance economy
The democracy protests in Hong Kong are unlikely to unhinge global markets so long as there is a peaceful outcome.
First published: Project Syndicate, 24/09/2014
China’s annual growth rate has recently increased from below 6% at the start of 2014 to around 7.5% in the second quarter,
First published: The Financial Times, 12/05/14
Beijing’s reluctance to enact stimulus programmes is unlikely to hold
Chinese property is the most important sector in the global economy.