Beyond Evergrande, Part 2: Chinese Real Estate, Finance, and Urban Development at a Crossroads

10:00–11:00 am
Zoom Webinar

Organizer: UChicago Yuen Campus in Hong Kong

Jan.
11


The Chinese real estate giant Evergrande continues to struggle with its more than $300 billion USD debt, and it is not alone: other large, highly leveraged firms are also in trouble. If China’s real estate bubble bursts, it could have enormous consequences for construction, finance, suppliers of raw materials, the personal net worth and housing prospects of millions of Chinese citizens and vast numbers of Chinese governments, from local administrations (most of which are heavily dependent on revenue from property development) all the way to Beijing.

Ripples from these events will be felt around the world: the effects will include both immediate shocks to certain sectors and more subtle effects from yet another re-adjustment of China’s growth model. 

Our expert panel will discuss the history and social dynamics that have shaped China’s real estate market, the nature of the current bubble, implications for the government’s centralizing ambitions and its “promise of common prosperity,” consequences for global markets, and the ways in which ordinary citizens, in China and abroad, may be effected by these still-unfolding events.

January 11, 2022
11:00am             Japan | South Korea
10:00am            Hong Kong | Beijing | Singapore
7:30am              Delhi
3:00am              Paris
2:00am              Ireland | London

January 10, 2021
8:00pm               Chicago
6:00pm               California

Speakers

You-tien Hsing
Professor of Geography
Chair of Global Studies
University of California at Berkeley

Matthew Lowenstein (PhD'21)
Fellow at the Hoover Institution
Stanford University

Carl Walter
Visiting Scholar
Walter H. Shorenstein Asia-Pacific Research Center
Stanford University

Moderator

Kenneth Pomeranz
Faculty Director
The University of Chicago Yuen Campus in Hong Kong


About China On The Move

China On The Move is a program developed by the University of Chicago Yuen Campus Hong Kong to provide objective academic insights into current events shaping China and its future as a global actor. Our UChicago scholars and their guests will share their deep expertise and interpret contemporary events from historical, social, political, economic and other perspectives to provide a balanced view of China. Read more.