Challenges confronting China in the wake of its Minsky Moment
The collapse of Evergrande, one of China’s largest property developers, has sent shockwaves through global financial markets. As the company grapples with a massive debt [more…]
The collapse of Evergrande, one of China’s largest property developers, has sent shockwaves through global financial markets. As the company grapples with a massive debt [more…]
Hui Ka Yan, the founder and chairman of China Evergrande Group, has reportedly been placed under police surveillance, casting further uncertainty on the troubled company’s [more…]
China’s real estate market is grappling with significant challenges, including a surplus of vacant properties and regulatory changes. A former official recently remarked that even [more…]
Chinese tech giant Alibaba witnessed a 3.5% decline in its shares on Monday after it made a surprising announcement that outgoing CEO Daniel Zhang would [more…]