director of China affairs at the Mansfield Center at the University of Montana. "Evergrande has been the biggest victim of that policy." But parallels with the collapse of Lehman, which was ...

But it is the wanton destruction of human capital by the Communists over the past 75 years that has not only brought that collapse nearer but virtually ensured that China may never rise again.

Investors are watching what happens with Evergrande closely and the company, a symbol of China’s ailing property sector, is teetering on the brink of collapse and struggling with liquidity as it ...