Hui Ka Yan, the founder of Evergrande, China’s largest property developer, was sentenced to life in prison. Once touted as a symbol of China’s rapid growth, the downfall of Evergrande raises questions about the sustainability of the world’s second-largest economy.
Here & Now‘s Rob Schmitz speaks with Andrew Collier, a senior fellow at Harvard Kennedy School, about the future of China’s property market and what it means for the rest of the world.
This article was originally published on WBUR.org.
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