Evergrande: the end of China's property boom

The rapid expansion of China's property sector was powered by a great migration from the farms to the cities - and built on cheap credit. The FT tells the story of Evergrande, the most indebted property developer in the world, which now stands on the brink of collapse. It's a story that changes the outlook for China's position as the locomotive of global economic growth. But is this China's Lehman Brothers moment?

Evergrande Says It’s Back to Work, But Homeowners Say Not Fast Enough

The world’s most indebted real-estate firm Evergrande has embarked on a social media campaign to show construction has resumed and says it’s doing whatever it takes to deliver homes. WSJ compares these posts with ones from upset buyers.

 

China Urges Evergrande Founder to Pay Debt With Personal Wealth

Chinese authorities told Hui Ka Yan, the billionaire founder of China Evergrande Group, to use his personal wealth to alleviate the deepening debt crisis of the troubled real estate developer, according to people familiar with the matter. John Liu reports on "Bloomberg Daybreak: Asia."

 

Evergrande Woes Spread to China’s $12 Trillion Local Market

After months of resilience in the face of concern over China Evergrande Group, the country’s $12 trillion domestic credit market has begun to show signs of strain. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Markets: China Open.” 

3 Major Questions Around Evergrande's Debt And China's Economy That Remain Unanswered

In the past month, Chinese property developer Evergrande has dominated financial headlines for being over $300 billion in debt. Many media reports have made parallels to Lehman Brothers role in the 2008 financial crisis. In this episode of Money Always Talks, we take a look at how things at Evergrande got this bad and what greater questions the saga raises about China's economic growth. 

 

Why China’s Evergrande Has Global Markets on Edge

What the Chinese property giant's crisis means for global investors. Evergrande, China’s most indebted property developer, has kept global markets on edge and sparked protests at home as it struggles to survive. WSJ explains why the company’s crisis is raising questions about the state of the world’s second-largest economy.

 

The Evergrande Crisis Intensifies

Evergrande Group is everywhere. Here's what you actually need to know  

 

Ray Dalio on Evergrande, China, Bitcoin and the Fed

Ray Dalio, founder and co-chief investment officer at Bridgewater Associates, talks about the China Evergrande Group’s debt crisis, doing business in China, the value of Bitcoin and when the Federal Reserve might start to taper its monthly bond purchases. He spoke to Tom Keene on "Bloomberg Surveillance" from the Greenwich Economic Forum in Connecticut.

Evergrande - A Simple Explanation And Thoughts from the "Uneducated Economist"