2min chapter

Capitalisn't cover image

Is Evergrande Really China’s Lehman Moment?

Capitalisn't

CHAPTER

The Chinese Real Estate Boom Market Is Going Too Far

The chinese outorities do stand that the real estate boom market has gone too far. What they are trying to sell is this sa control bursting of the real estate babble. So there could be two potential effects on the west. And we don't know. I think there's also a third possibility that may be allf what china is doing to crack down on capitalism actually means om. It leaves us, it leaves the world in a very different place.

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