Strategy Note /
China

China real estate: An industry built on debt

  • Evergrande Group is now the world's most indebted developer with a pressing USD 300 Bn debt

  • Evergrande's downfall signals the halt on China's reliance on its real estate sector

  • Developing 'ghost cities' is a reasonable step for the Chinese government to maintain growth in the real estate sector

Pili Yang
Pili Yang

Marketing Manager

EqualOcean
15 November 2021
Published by