The downfall of Evergrande foreshadows a difficult decade for China – and for Xi Jinping By George Magnus Posted on December 16, 2021 In China China economy, China property 0 If the Chinese Communist Party doesn’t handle the property giant’s default carefully, the economic and political consequences could be seismic.Continue reading...
End to China’s estate market boom could spell trouble for the economy By George Magnus Posted on October 18, 2021 In China China economy, China real estate 0 Housing activity accounts for 29% of GDP, and Evergrande’s debt crisis is sign that more broadly things could soon changeContinue reading...
Why China’s Evergrande debt crisis is the tip of an iceberg By George Magnus Posted on September 29, 2021 In China China, China property 0 The woes of the world’s most heavily indebted property developer could soon mean problems for Xi Jinping, China’s economy and beyond.Continue reading...