{"id":122617,"date":"2021-10-16T10:15:10","date_gmt":"2021-10-16T03:15:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-chinas-evergrande-crisis-means-for-its-real-estate-market-and-the-world\/"},"modified":"2021-10-16T11:06:39","modified_gmt":"2021-10-16T04:06:39","slug":"what-chinas-evergrande-crisis-means-for-its-real-estate-market-and-the-world","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-chinas-evergrande-crisis-means-for-its-real-estate-market-and-the-world\/","title":{"rendered":"What China\u2019s Evergrande crisis means for its real estate market and the world"},"content":{"rendered":"<p>&#013;<br \/>\nSunny Peninsula, a seaside development in Guangzhou, Guangdong province, southern China, was supposed to house 5,000 families in dozens of towers spread across an area the size of 30 football pitches. Many of the buyers were white-collar workers benefiting from the fastest urbanisation in human history.But the project now looks more like the set of a disaster movie. Half-finished residential blocks stand empty and abandoned. Untouched for months in the humid summer weather, piles of steel bars\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/magazines\/post-magazine\/long-reads\/article\/3152304\/what-chinas-evergrande-crisis-means-its-real?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">What China\u2019s Evergrande crisis means for its real estate market and the world<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Sunny Peninsula, a seaside development in Guangzhou, Guangdong province, southern China, was supposed to house&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122617","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vTH","jetpack-related-posts":[{"id":122676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-and-construction-sectors-contract-in-third-quarter-as-evergrande-crisis-and-tougher-regulation-hit-home\/","url_meta":{"origin":122617,"position":0},"title":"China\u2019s property and construction sectors contract in third quarter as Evergrande crisis and tougher regulation hit home","date":"October 19, 2021","format":false,"excerpt":"\r China\u2019s property and construction sectors contracted in the third quarter for the first time since the start of the pandemic, hurt by a slump in real estate as the Evergrande debt crisis and the effects of Beijing\u2019s tougher property market regulation spread to other parts of the economy.Output in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":122617,"position":1},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122613,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-caused-by-poor-management-but-an-exception-in-healthy-property-market-central-bank-says\/","url_meta":{"origin":122617,"position":2},"title":"China Evergrande crisis caused by \u2018poor management\u2019, but an exception in healthy property market, central bank says","date":"October 15, 2021","format":false,"excerpt":"\r China\u2019s central bank for the first time on Friday lambasted property giant Evergrande Group for its \u201cpoor management\u201d, while saying the potential spillover effects to the financial system from a collapse of the developer are controllable.The comments from Zhou Lan, head of the financial department at the People\u2019s Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-delists-from-hkex-in-milestone-for-chinas-property-crisis\/","url_meta":{"origin":122617,"position":3},"title":"Evergrande delists from HKEX in milestone for China\u2019s property crisis","date":"August 12, 2025","format":false,"excerpt":"\r China Evergrande Group on Tuesday said that its Hong Kong shares will be removed on August 25 following the stock exchange\u2019s delisting decision, which the company does not intend to have reviewed. The world\u2019s most indebted property developer was informed by the local bourse on Friday that its listing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/default-by-china-evergrande-unlikely-to-spark-malaise-that-threatens-chinas-financial-system-analysts-say\/","url_meta":{"origin":122617,"position":4},"title":"Default by China Evergrande unlikely to spark malaise that threatens China\u2019s financial system, analysts say","date":"September 21, 2021","format":false,"excerpt":"\r A highly anticipated default by China Evergrande Group as soon as this week is unlikely to spark a broader malaise that threatens the overall stability of China\u2019s financial system in the same way the collapse of investment bank Lehman Brothers did during the global financial crisis in 2008, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache\/","url_meta":{"origin":122617,"position":5},"title":"China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache","date":"March 25, 2023","format":false,"excerpt":"\r China\u2019s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train. The window to reorganise their offshore debts may be closing, as talk about another recession persists.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122617"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122617"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122617\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}