China’s Thirty-Year War between State and Capital Has Taken a Decisive Turn
If the financial complexities and implications of the Evergrande case could be boiled down to a tabloid headline, it would read: “XI TO BUILDER: DROP DEAD.”
As part of its recent campaign to regulate capital and to rein in capitalists, Chinese President Xi Jinping and the Chinese Communist Party (CCP) has set their sights on the China Evergrande Group. Last week, Asian and global markets sank quickly on the news that Evergrande was unable to ...
Read More