China’s Evergrande Crisis Could Lead to a Massive Domino Effect in Real Estate
An overarching illusion about China’s prosperity concerns the “construction boom” of China’s real estate bubble. Of course, the bubble will eventually burst, still, no one expected the first casualty of the Asian real estate industry to be Evergrande Group (or Heng Da Group). Despite Evergrande boasting it was “too big to fail,” the storm has ...