Chinese economy


published: 21.08.2023

Opinion Piece: The dangerous link between China’s real estate demise, the economy and the financial system

With Chinese property giant Evergrande filing for bankruptcy in the US and other companies like Country Garden tottering on the brink, China’s property sector is plunging further into a crisis that could have major ramifications on the country’s real economy and financial sector. Bruegel Senior Fellow Alicia García-Herrero explains.