Thinking About ChinaOpinionWill the Evergrande Crisis Impact America?Could the potential collapse of the Chinese property giant be the next contagion to come out of China?SavePrintThe company logo on the headquarters of China Evergrande Group in Shenzhen, Guangdong Province, China, on Sept. 26, 2021. Aly Song/ReutersJames Gorrie10/23/2021|Updated: 10/27/2021CommentaryThe Evergrande insolvency crisis has had a reprieve, but there may be more to it than meets the eye—much more.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentJames GorrieAuthorJames Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected ArticlesTrump Admin’s Venezuela Strikes Are Challenging China’s Global RoleJan 06, 2026How China Uses the Israel–Hamas Conflict to Reshape Global PoliticsDec 26, 2025How the CCP Persecutes Christians Who Celebrate Christmas in ChinaDec 23, 2025America’s Battle Against China’s Vast Spy NetworkDec 19, 2025Related Topicsreal state marketU.S. stock marketevergrande