{"id":21006,"date":"2026-08-28T18:58:43","date_gmt":"2026-08-28T18:58:43","guid":{"rendered":"https:\/\/8657085.xyz\/?p=21006"},"modified":"2026-08-28T18:58:43","modified_gmt":"2026-08-28T18:58:43","slug":"business-daily-power-players-evergrande-and-the-unraveling-of-chinas-property-boom","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=21006","title":{"rendered":"Business Daily &#8211; Power players: Evergrande and the unraveling of China\u2019s property boom"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div>\n<p class=\"sw-text-body-copy sw-pt-4 sw-text-secondary\">Available for over a year<\/p>\n<p class=\"sw-text-body-copy sw-whitespace-pre-line sw-pt-4 sw-text-secondary\">For years, China\u2019s property boom helped drive the country\u2019s extraordinary economic growth. At the centre of it was Evergrande, which grew from a regional developer into a sprawling corporate empire, and one of the world\u2019s most indebted companies.<\/p>\n<p>Then the debts caught up with it. Evergrande\u2019s collapse exposed the vulnerabilities of China\u2019s property model, helping push the wider housing market into crisis and weighing on the country\u2019s economy.<\/p>\n<p>Now its founder, Hui Ka-yan, has been sentenced to life in prison for crimes including bribery and illegal use of funds.<\/p>\n<p>Will Bain and Rahul Tandon are joined by Jennifer Pak in Beijing to explore how Evergrande became so big, what went wrong, how its collapse exposed the problems in China\u2019s property model, and what it means for the wider global economy.<\/p>\n<p>(Photo: China Evergrande Group then-Chairman, Hui Ka Yan, attends a news conference on the property developer&#8217;s annual results in Hong Kong, China 28 March, 2017. He has short black hair with a side parting and wears a white shirt with a red patterned tie and a black suit jacket. In the background is a city skyline of skyscrapers, reflected in blue water. Credit: Bobby Yip\/Reuters)<\/p>\n<p>You can email the team: businessdaily@bbc.co.uk<\/p>\n<p>Presenter: Will Bain, Rahul Tandon and Jennifer Pak<br \/>\nProducer: David Cann<\/p>\n<p><span class=\"sw-text-primary sw-font-bold sw-transition sw-ease sw-transition-colors sw-duration-350 motion-reduce:sw-transition-none group-active:sw-text-accent group-active:sw-underline group-focus-visible:sw-text-accent group-focus-visible:sw-underline group-hover:sw-text-accent group-hover:sw-underline sw-text-brevier\">Programme Website<\/span><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16px\" height=\"16px\" viewbox=\"0 0 32 32\" class=\"sw-ease sw-transition motion-reduce:sw-transition-none sw-duration-350 sw-transition sw-ease sw-duration-350 motion-reduce:sw-transition-none sw-ml-2 sw-ml-1 sw-inline-block sw-fill-accent\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M21.9,16.9v11.5H3.7V10.2h11.1V7.6H1V31h23.6V16.9H21.9z M18,1v2.6h10.2l-0.5-1.1L11,19l1.9,1.9L29.6,4.3l-1.2-0.5V14H31V1 H18z\"\/><\/svg><button class=\"sw-group sw-text-pica sw-block sw-w-fit sw-pt-4\"><span class=\"sw-text-primary sw-font-bold sw-transition sw-ease sw-transition-colors sw-duration-350 motion-reduce:sw-transition-none group-active:sw-text-accent group-active:sw-underline group-focus-visible:sw-text-accent group-focus-visible:sw-underline group-hover:sw-text-accent group-hover:sw-underline sw-mr-0.5\">Show less<\/span><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"0.75rem\" height=\"0.75rem\" viewbox=\"0 0 32 32\" class=\"sw-ease sw-transition motion-reduce:sw-transition-none sw-duration-350 sw-ml-1 sw-mt-1 sw-inline-block sw-fill-accent\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M0 18L16 0l16 18z\"\/><\/svg><\/button><\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; 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