3 years ago

139

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Chinese property developer Evergrande is collapsing. But its problems are just the tip of the iceberg. What lies under the water is the now-shaky pillar of the Chinese economy—real estate.

What ugly truth is the Evergrande drama revealing about China’s so-called “economic miracle”?

Does China have the tools in its arsenal to keep the growth going, or prevent a crisis?

What does an at-risk economy mean for the ruling Chinese Communist Party?

What strategies does it have left to convince the Chinese people to ignore widespread issues that have long been overlooked—in exchange for a stable economy?

And just how far could this teetering domino effect go?

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