Showing posts with label property. Show all posts
Showing posts with label property. Show all posts

Sunday 24 April 2022

How London became the dirty money capital of the world


Russian oligarchs and companies have been investing in London for two decades, encouraged by British politicians of all stripes, but critics say the 'London laundromat' cleans dirty money from Russia and across the globe. 
The FT examines why it took Russia's invasion of Ukraine to put the issue in the spotlight and whether new sanctions and measures to tackle the problem go far enough.

Monday 14 March 2022

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?
 
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