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In Hong Kong they decided to deal with Evergrande like Stalin's phrase 'No Company,No Problem'

By Rhod Mackenzie

It appears that in Hong Kong and Beijing, they have chosen to rephrase the words that were attributed to Stalin: 'No man, no problem.' After several delays and false hopes, a Hong Kong court recently sentenced China's largest construction company, Evergrande, to a severe penalty....

Economics BRICS China Real Estate Debt
Problems in Chinese property sector over shadow other positive economic signs

By Rhod Mackenzie

Recently, there has been much discussion about the downturn of the "Chinese miracle" and the possibility of the country being on the brink of a crisis. This pertains to both the construction industry and the general decline in consumption, which poses a threat to the solvency of...

China Trade Property Debt