Evergrande Crisis: Another Opportunity for Beijing to Exert Control

Evergrande Crisis: Another Opportunity for Beijing to Exert Control
A vendor cycles through the Evergrande Changqing community in the rain on Sept. 24, 2021 in Wuhan, Hubei Province, China. Getty Images
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News Analysis
Chinese leader Xi Jinping vowed to rein in China’s real estate sector and keep housing affordable. He said, “Houses are for living in, not for speculation.”
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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