China’s Real Estate Crisis Sheds Light on More Debt Problems

China’s Real Estate Crisis Sheds Light on More Debt Problems
The Evergrande headquarters (L) is seen in Shenzhen, southeastern China on Sept. 26, 2021. Noel Celis/AFP via Getty Images
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News Analysis

China’s real estate sector defaults are now spreading to other parts of the economy, with commercial paper and local government debts set to become the next crises.

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.
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