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Reading the Red New Deal: Part 1 – How does Evergrande fit in?
On October 7th join Kaiser, Jeremy, and Chang as they take a quick look at some of the recent updates happening with the Red New Deal and how the real estate giant Evergrande fits into the bigger picture.
Beijing has sharpened its oversight of the country’s red-hot real estate market by tackling speculative borrowing that has fueled anxieties about financial risk. In June, eight government departments vowed to strengthen regulation and supervision over the real estate market, stressing that “housing is for living in, not for speculation.”
On October 7th join the SupChina staff as they take a quick look at some of the recent updates happening with the Red New Deal and how the real estate giant Evergrande fits into the big picture.
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Kaiser Kuo is co-founder of the Sinica Podcast, the most popular English-language podcast on current affairs in China, which he hosts with Jeremy Goldkorn. The show has run since April 2010, and has published nearly 400 episodes. Until April 2016, Kaiser served as director of international communications for Baidu, China’s leading search engine. In 2016, Kaiser returned to the U.S. after a 20-year stint in Beijing, where his career spanned the gamut from music to journalism to technology. Kaiser also spent a year in Beijing from 1988 to 1989, when he co-founded the seminal Chinese heavy metal band Tang Dynasty as lead guitarist.
Jeremy Goldkorn is Editor-in-Chief of The China Project and co-host of the Sinica podcast. He moved to China in 1995 and became managing editor of Beijing's first independent English-language entertainment magazine. In 2003, he founded the website and research firm, Danwei, which tracked Chinese media, markets, politics, and business. It was acquired in 2013 by the Financial Times. He has lived in a worker's dormitory, produced a documentary film about African soccer players in Beijing, and rode a bicycle from Peshawar to Kathmandu via Kashgar and Lhasa.
Chang Che is SupChina’s Business & Technology staff writer. His work has been published in The Washington Post, The Atlantic, Foreign Affairs, Nikkei Asia, and The LA Review of Books.