Tag Archives: hui ka yan

Winnie the Pooh’s Adventures In Fairyland

Up until the Evergrande Group began stiffing creditors, Xi Jinping had it made. But being a communist dictator is serious business. And when the Ponzi finance structure underlying your country’s second largest property developer begins cascading down it’s no laughing matter. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , , , | 25 Comments

China’s Economy is Doomed

Sometime early last summer, Hui Ka Yan, chairman of Evergrande Real Estate in China, displayed his brilliant deal making abilities.  He took time off from developing and selling residential real estate buildings to sell China’s most popular soccer team to … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , , | Leave a comment