Thursday , October 21 2021
Home / FT Alphaville / Commodities: the Chinese real estate exposure

Commodities: the Chinese real estate exposure

Summary:
Commodities updatesSign up to myFT Daily Digest to be the first to know about Commodities news. In markets, being right early is the same as being wrong. Fortunately for FT Alphaville, the same rule doesn’t apply to journalism.Back in 2018, FT Alphaville took a look at Evergrande -- China’s largest property developer -- and its ballooning balance sheet, which included 408,000 car parking spaces, a land bank the size of Malta, and a curiously low yield on its rental properties.Three short years later, Evergrande is facing a liquidity crisis. In a normal economy, this wouldn’t be such a big deal. But in China, where real estate is estimated to account for up to a quarter of GDP, this is slightly more of a concern. It doesn’t help that the property developer also has some

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

M. Ayhan Kose, Franziska Ohnsorge, Naotaka Sugawara writes Navigating the debt legacy of the pandemic

Menzie Chinn writes Treasury Ten Year Yield Forecasts

Menzie Chinn writes Recession before the Leaves Fall?

conversableeconomist writes Interview with Rucker Johnson: Supporting Children

Commodities updates

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *