Chinese Real Estate Giants"https://www.zaobao.com.sg/keywords/bi--yuan" rel = nofollow target = _blank> Country Garden , it failed to pay $ 22.5 million in debt on time earlier this month, shocking four., Falling on the edge of breach of contract.In addition, Evergrande Group also applied for bankruptcy protection in the United States with a debt ratio of 2.4 trillion yuan.

China's large real estate enterprises are in succession and fall into debt crisis ,What exactly is going on?

Who will become the next real estate company?

Is China's real estate brewing a Chinese version of the "Lehman Brothers" crisis?

This issue of the Morning Post Podcast is talking about the West, listening to the deputy editor-in-chief of the United Morning Post Han Yonghong and Singapore Economist, former Professor of Public Policy at Lee Kuan Yew Public Policy of Singapore National University Chen Kang detailed analysis.

Wonderful fragment

Chen Kang, a professor at the School of Public Policy at the National University of Singapore National University: I always believe that China will not have any bubbles, there will be no financial crisis, and it will not wake up like a sudden.Oh, something happened suddenly, and then there was a big problem, he would not.It must be a process that is slowly slowly, because he has control. This government has this administrative method control. Like in 2015, it was said that it was a stock disaster. The final solution of the stock disaster was not allowed to sell stocks ...… This process is quite long, and it is quite painful.

In this issue (click the bookmark in the player, you can jump to the corresponding chapter):

  • [01:46] How does the real estate issue in China be formed?
  • [10:34] Do not let the bubble break, the local government issues a "limit order"
  • [14:13] China's "Lehman Brothers"?
  • [16:59] China's real estate deadlock

Looking at the world and monitoring China's heartbeat, , discuss international hot topics every week to analyze international current political dynamics.At 7 pm Singapore time on Tuesday.