Home groan: China’s housing-sector crisis

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Once again, fears are ripping through the industry—this time starting from a firm once thought too big to fail. In an economy so dependent on housebuilding, that will have <a href="https://www.economist.com/finance-and-economics/2023/08/16/how-bad-could-chinas-property-crisis- ...

Many people think that with inflation and interest-rate rises abating, the worst effects on housing markets might be over. <a href="https://www.economist.com/finance-and-economics/2023/04/02/the-rich-worlds-housing-crunch-is-far-from-over?utm_campaign=a.io&utm_medium=audio.pod ...

The <a href="https://www.economist.com/finance-and-economics/2023/07/13/the-world-is-in-the-grip-of-a-manufacturing-delusion?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa. ...

Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.

Evergrande has the distinction of being the world’s most de ...