Posted on

China Evergrande Gets Soft Treatment in Chinese Media


As China Evergrande Group teeters on the edge of collapse, videos of protesting home buyers have flooded social media. Online government message boards teem with complaints and pleas for intervention to save the huge property developer. The hashtag “What does Evergrande mean for the real estate market?” has been viewed more than 160 million times on one platform.But if trouble threatens for China’s economy, you wouldn’t know it from reading the country’s front pages.The name “Evergrande” has barely been mentioned by top state-run news outlets in recent weeks, even as the company’s uncertain fate has rattled global financial markets. Coverage of its recent troubles has been concentrated in a handful of business publications.Only on Friday did the countr …

Read More