Katrina Northrop on the Evergrande Debt Crisis
The Lawfare Podcast
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Is the Real Estate Market Ripe for This Type of Problems?
Wrighte: The system of currying favour leads to the conditions of possibility where this can happen. He says real estate in every country is prone to this, but i think in china, what's specific about it is that the government technically owns all the land and then can sell it. So shujain was able to cultivate relationships with political leaders and officials, because if he had a real estate ject in a lot of different cities across china,. he has helped those officials, you know, he has helped their personal wealth.
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