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A woman rides a scooter past the construction site of an Evergrande housing complex in Zhumadian, Henan Province, China, on Sept. 14, 2021. Jade Gao/AFP via Getty Images
Under enormous pressure from local governments starved of land revenue, developers staring at bankruptcy, and homeowners facing falling prices for the first time in history, the regime in Beijing is rolling out a raft of measures to try and reinvigorate China’s real estate sector.
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
