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Unravelling Evergrande: the Chaotic Collapse of China’s Property Behemoth
International Justin Chuk (11) & Adrian Koo (11) International Justin Chuk (11) & Adrian Koo (11)

Unravelling Evergrande: the Chaotic Collapse of China’s Property Behemoth

On Jan. 29, the Hong Kong court ordered the liquidation of Evergrande Group, China's once-dominant real estate titan. With debts totaling over $300 billion USD, Evergrande's downfall has been years in the making — fueled by a combination of unregulated borrowing and stringent regulatory crackdowns on the real estate sector by the Chinese government.

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China’s Housing Bubble Has Burst: Here’s Why
International Justin Chuk (10) International Justin Chuk (10)

China’s Housing Bubble Has Burst: Here’s Why

Homebuyers in at least 100 Chinese cities have threatened to stop their mortgage payments since late June as construction on many pre-sold properties has not resumed, according to Reuters.

Citizens have taken it to the streets in an attempt to get the government’s attention. The mortgage protest became a rare act of public disobedience in China which has gained more momentum as the crisis continues, shaking the foundations of the Chinese economy.

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