COVID-19 IN CHINA – ONE YEAR ON

China’s economy weathered the COVID-19 storm but there are still pressures to face China’s bounceback from the pandemic shocks of early 2020 was one of the few economic success stories of last year. This year, however, the world’s second largest economy has rattled global financial markets as long-running worries about the huge debts amassed by its commercial sector crystallised around the woes of Evergrande, the cash-strapped Chinese property giant. It became clear in recent months that the Shenzen-headquartered conglomerate would struggle to meet deadlines on bond interest payments totalling tens of millions of dollars. With some analysts estimating that China’s […]