China’s economy may look like a mess. The under-the-radar reality is even worse.

  • Date: 31-Oct-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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China’s economy may look like a mess. The under-the-radar reality is even worse.

Welcome back to Insider Weekly! I'm Matt Turner, the editor in chief of business at Insider. What does the peril facing the Chinese megadeveloper Evergrande mean for the rest of the world? Insider columnist Linette Lopez looked to spell that out , bringing together her years of experience covering the Chinese economy with her trademark voice. As she explained, the Evergrande drama is part of a bigger story. "Beijing is walking an economic high-wire act, trying to replace its economic model with something unknown," she wrote in . Read on for a Q&A with Linette on what's going on in China and why it matters. Let me know what you think of all our stories at . . . Here's a chat with Linette Lopez about and what it means for the rest of the world: Every few years, the Chinese property market starts making rumbling noises like it's going to blow. But every time that happens, the Chinese government steps in with a plan to keep the market moving and kicks the can down the road. This time, though, the Chinese government is letting the most indebted of these companies sweat it out. If they don't lay out something