THE ASAHI SHIMBUN
September 16, 2021 at 19:02 JST
An apartment building developed by Evergrande Group in Guangzhou. Its construction has been suspended since August, according to people familiar with the project. Photo taken Sept. 15 (The Asahi Shimbun/Ryo Inoue)
With China's markets reeling from a financial crisis at Evergrande Group, Beijing is torn over bailing out the country’s leading real estate player to avoid economic disaster as doing so would run counter to President Xi Jinping’s stated policy of not favoring the rich. [Read More]
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