Worst Subprime Crisis Ever | Distorted Real Estate Market | China Property | Evergrande | Stock

China's real estate market has been very inflated in the past several years. It’s said that the real estate in Beijing, Shanghai, and Guangzhou city could buy the entire U.S. now. But China's largest real estate group, Evergrande, has been struggling with a financial crisis.

China has been printing a lot of money for years in order to boost its economic figures, which has led to high inflation for more than 10 years now. Meanwhile, traditional bank deposits have been replaced by risky financial investments, coupled with the appreciation of RMB and deterioration of the investment environment, most of the capital flushed into property speculation and the stock market. China is brewing a crisis worse than the 2008 Lehman Subprime mortgage crisis.

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