The Fall of a Giant: How Evergrande’s Liquidation is Impacting China’s Economy

China has experienced a spell of economic growth that is unique to global history, beginning in the late 1970s and continuing into the present day. For the past two decades, China’s real estate sector has cemented itself as a reliable driver of economic growth, but that saga has concluded with the fall of the Evergrande Group. Evergrande serves as an apt vessel to explore the collapse of a once dominant property sector, with this article seeking to analyze the causes of the group's fall as well as explain the greater impacts felt by China’s domestic economy.

AsiaBy Benjamin O'BrienApril 12, 2024economy, real estate crisis, china, debt, evergrande

A Peek into China’s Property Crisis: How It Happened and What It Suggests About China’s Domestic Economy & Xi’s Legitimacy

The arrest of Evergrnade’s chairman, Xu Jiayin, sheds light on the complexities behind China’s domestic property market collapse. The intertwined history of China’s rapid economic growth, its unique property laws, and pandemic-induced challenges led to a high-risk bubble that not only damages the domestic economy but also questions the legitimacy of Xi Jinping and the Chinese Communist Party.

AsiaBy Selina HApril 8, 2024property crisis, china, real estate crisis, china economy, xi jinping