China Following Japanese Pattern of Debt and Real Estate Crisis

China Following Japanese Pattern of Debt and Real Estate Crisis
People walk past a housing complex of Chinese property developer Evergrande in Kunming, in southwestern Yunnan Province on Oct. 23, 2021. Jade Gao/AFP via Getty Images
|Updated:
News Analysis
Just like with Japan’s meteoric rise to the world’s number two economic power, followed by a crash and stagnation, many experts believe it is not inevitable that China will displace the United States.
Google LogoMark Us Preferred on Google
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
Related Topics