Financial Times – Evergrande: the End of China S Property Boom
Evergrande (foto YouTube)
Evergrande (gif caixinglobal.com)
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 Financial Times 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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