First published: New Statesman 22/09/2021
As Covid-19 spread across China at the beginning of 2020, some commentators dubbed it as China’s “Chernobyl moment” – an event that would undermine the legitimacy and rule of the Communist Party. A much more likely candidate has emerged, though, in the form of the debt crisis enveloping Evergrande. Read on….https://www.newstatesman.com/world/asia/china/2021/09/why-chinas-evergrande-debt-crisis-is-the-tip-of-an-iceberg
