In “China’s Evergrande is in trouble. But so is China’s top-down political economy,” featured in the Monkey Cage of the Washington Post, Jackson School and China Studies Adjunct Professor and Professor of Political Science Susan Whiting analyzes four things to know about the distortions behind the real estate crisis in China.
Evergrande, a Chinese real estate company founded in 1996, among other real estate companies in China, are rolling toward formal defaults in payment.