3min chapter

What Really Matters with Walter Russell Mead cover image

Surfin' USA

What Really Matters with Walter Russell Mead

CHAPTER

The Real and the BS of Chinese Real Estate

China Evergrande Group, one of the world's largest property developers, faces more than a thousand lawsuits involving $50 billion. The residential market is seeing a renewed slowdown and homeowners are starting to question whether property is still a reliable store of wealth in China. "I don't think it means that the thing is going to come crashing down tomorrow," says John Sutter.

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