The administration of Chinese President Xi Jinping urgently needs to take drastic measures to deal with ailing real estate giant China Evergrande Group. Any further delay could harm not only the domestic economy, but the global economy.
The Nikkei View
Beijing must act now on Evergrande crisis
China's real estate woes continue to weigh on economic recovery
The headquarters of China Evergrande Group in Shenzhen. (Photo by Yusuke Hinata)
Read Next
Latest on The Nikkei View
