Alexandra Stevenson

Alexandra Stevenson, a business correspondent in Hong Kong for The New York Times, dives into the precarious situation of Evergrande, the world’s most debt-laden property developer. She discusses the implications of its potential collapse, highlighting fears of a broader financial crisis in China. The conversation covers the contrast between China’s rapid urban growth and the resulting oversupply of luxury housing, leaving many young people unable to buy homes. Stevenson emphasizes the social unrest that could arise from Evergrande's downfall, along with its impact on governmental stability.