George Magnus

China’s property sector is on the brink of disaster – again

(Photo: Getty)
  • Comments

Once, not that long ago, few people outside China had heard of the property developer Evergrande. Now it is synonymous with failure, debt and loss – and seen as the tipping point in China’s real estate market three years ago. Now meet Country Garden, another large property developer, hailed even a year ago as a model ‘corporate citizen’.

Already a subscriber? Log in

Keep reading with a free trial

Subscribe and get your first month of online and app access for free. After that it’s just £1 a week.

There’s no commitment, you can cancel any time.

Or

Unlock more articles

REGISTER

Written by
George Magnus

George Magnus is a research associate at Oxford University's China Centre and at SOAS and author of Red Flags: Why Xi's China is in Jeopardy

Topics in this article

Read next

Trending

John Mac Ghlionn

Is Conor McGregor the Irish Trump?

From Spectator Life
The flamboyant, ridiculous mixed martial arts fighter Conor McGregor is considering a run for the Irish presidency. ‘Potential competition if I run,’ he tweeted yesterday, along with a picture of Gerry Adams, Bertie Ahern and Enda Kenny, the three septuagenarian current favourites for the job. ‘Each with unbreakable ties to their individual parties politics… Or me,

Also in China

Also by George Magnus

Latest

Comments

Don't miss out

Join the conversation with other Spectator readers. Subscribe to leave a comment.

Already a subscriber? Log in