Evergrande Disaster: China’s Property Collapse (Explained)

The 1979 Encounter: Discover how David Attenborough’s journey to film in China led to an encounter with Deng Xiaoping, triggering a revelation that would shape China’s future. Real Estate Market Dynamics: Examine the far-reaching consequences of China’s one-child policy, revealing today’s decline in population and a real estate market on the verge of collapse. Evergrande’s Ambitions: Dive into the rise and fall of Evergrande, once a real estate giant diversifying into electric vehicles, bottled water, and more, ultimately succumbing to a $320 billion debt. Factors Behind the Crisis: Explore the factors contributing to the crisis, from cultural property obsession to unrealistic housing demand expectations, creating a perfect storm. Government Intervention: Understand the Chinese government’s ’three Red Lions’ regulations aimed at reducing reliance on the property sector, accounting for nearly 30 percent of GDP. Evergrande