EQ Vol.12: Background and Analysis of the Chinese Real Estate Crisis
Contributing Writer: Novak He | May, 2022 In fall 2021, the world’s most indebted company——Chinese real estate company Evergrande missed its debt repayment deadline. This incident worsened the debt crisis of this debt giant, who had already accumulated a total liability of over $300 billion US dollars. The Evergrande debt crisis caused a stir in …