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Evergrande case exposes China’s severe financial risks & Xi’s growing political risks; why Xi is owning the Xinjiang issue

Updated on Dec. 1, 2021.  SinoInsight  1  On Sept. 24, a copy of China Evergrande Group’s Aug. 24 letter to the Guangdong government circulated on the Chinese internet and was reported by major Western news outlets. In the letter, Evergrande, China’s second-largest property developer by sales, sought government help for a restructuring plan needed to …

Read moreEvergrande case exposes China’s severe financial risks & Xi’s growing political risks; why Xi is owning the Xinjiang issue

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