A House of Cards

China’s troubled Evergrande Group appears in danger of collapse under the weight of huge debts, raising concerns that the real estate giant could take much of China's highly leveraged economy down with it. The firm's debt troubles have spooked world financial markets and sparked protests in China by angry investors and apartment buyers, putting pressure on Beijing to bail out Evergrande, a choice that could lead other struggling property to seek handouts.
2021.09.23
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A House of Cards Cartoon by Rebel Pepper
Photo: RFA
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