
The Intelligence: China’s ever grander property crisis
Economist Podcasts
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Evergrande's Legal Struggles
This chapter explores the critical legal ruling regarding the financially troubled Evergrande, shedding light on its extensive impact on the Chinese property market. It discusses the challenges surrounding Evergrande's debt restructuring and the ripple effects of its default, which have led to a decreased willingness among creditors to invest in property debt. The chapter also highlights the potential implications of liquidation orders on ongoing property crises and consumer confidence in China, as well as Hong Kong's role in this complex landscape.
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