China Evergrande Soared on the Property Boom. Here's Why It Crashed.
Blame for the property developer’s downfall has been placed on Chinese lending policies, but poor corporate oversight was hiding in plain sight.
Source: nytimes.com
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Xi Jinping seems to be making peace, but he can't stop talking about war
China is bleeding cash. Investors, both domestic and foreign, are bailing out of the country.
Source: yahoo.com
Crumbling buildings and broken dreams: China's unfinished homes | Infographic
Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom.
Source: aljazeera.com
In China, It's 2008. A Housing Bubble Is Ushering in Financial Crisis
China has too much property, and there is no solution short of either short-term crisis or long-term catastrophe, or perhaps both.
Source: newsweek.com
China's property crisis could take up to a decade to fix, warns an economist who was censored for his bearish views on the economy
China's property sector, along with related industries, contributes as much as 30% to the country's GDP.
Source: yahoo.com