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For any government, overhauling a nationwide residential real-estate market would be risky under the best of circumstances. Chinese President Xi Jinping (習近平) is attempting it at a time when the economy is slowing, the Omicron variant of SARS-CoV-2 is threatening his “zero COVID-19” policy and relations with the outside world are increasingly fraught. As that perilous combination takes a growing toll on Chinese financial markets, one question keeps popping up: What is Xi’s endgame? Given the Chinese Communist Party’s (CCP) opacity and its history of backtracking on property reforms, the answer is impossible to know for sure. However, China watchers have begun

Eswar prasadEli kaiGabriel wildauCraig bothamHao hongGiven the chinese communist partyCountry garden holdings coBocom international holdings coCornell universityShimao group holdings ltdSunac china holdings ltdChina minsheng banking corpChina evergrande groupCitigroup incPresident xi jinpingChinese communist party