Thinking About China
Opinion

The Slow Motion Evergrande Wreck

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The Slow Motion Evergrande Wreck
A man walks in front of a housing complex by Chinese property developer Evergrande in Beijing on Oct. 21, 2021. Noel Celis/AFP via Getty Images
Christopher Balding
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Commentary

Corporate bankruptcies in the United States work under very well-defined laws and procedures about who gets paid, in what order, and based upon contractual or implied understanding.

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Christopher Balding
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
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