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Company Directory

Company Directory - China Evergrande Group

Company Details - China Evergrande Group

China Evergrande Group Logo

China Evergrande Group

Website

Guangzhou, China

HKEX: 3333 

China Evergrande Group is one of China’s largest real estate developers, known for its extensive property development projects and a significant impact on the property market. In recent years, the company has faced major financial challenges that have drawn global attention.

CCI Score

CCI Score: China Evergrande Group

-29.31

0.02%

Latest Event

Evergrande's Unsustainable Financial Practices and Economic Impact

China Evergrande Group’s aggressive borrowing and mismanagement have not only destabilized the housing market but also pushed Beijing toward heavy-handed interventions, indirectly reinforcing authoritarian modes of control.

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ACCOMPLICE

China Evergrande Group is currently rated as an Accomplice.

-20 to -29 CCI Score
These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

  • Evergrande's Unsustainable Financial Practices and Economic Impact Logo
    OCT
    27
    2023

    China Evergrande Group’s aggressive borrowing and mismanagement have not only destabilized the housing market but also pushed Beijing toward heavy-handed interventions, indirectly reinforcing authoritarian modes of control.

  • -40

    Business Practices and Ethical Responsibility

    March 25

    Evergrande’s reckless financial practices and unsustainable debt-driven development have harmed consumers and homebuyers, highlighting severe lapses in ethical business practices. This irresponsible behavior contributes to economic instability, thereby indirectly pressuring state intervention that can cement authoritarian practices.

    How does China fix the Evergrande mess?

  • -30

    Economic and Structural Influence

    March 25

    The massive debt and pervasive financial mismanagement of Evergrande have introduced structural risks to China’s economy. Such economic vulnerabilities force the state to intervene in ways that may reinforce authoritarian control over financial and social life.

    How does China fix the Evergrande mess?

  • The Politics of Evergrande's Collapse and Its Implications Logo
    SEP
    28
    2023

    The arrest of Evergrande CEO Xu Jiayin amid financial turmoil has been portrayed not only as a legal measure but also as a politically charged crackdown intertwined with factional struggles within the Chinese Communist Party. The company's expansion through politically-favored channels, questionable asset transfers, and opaque management practices have contributed to a destabilizing collapse affecting the broader real estate market and economic structure in China.

  • -40

    Public and Political Behavior

    March 25

    Evergrande's aggressive expansion was closely intertwined with political patronage and factional alignments within the CCP. This fusion of corporate strategy and political favor enabled practices that contributed to an environment supportive of authoritarian power dynamics. The arrest of CEO Xu Jiayin underscores the problematic relationship between corporate leadership and state power, reflecting complicity in political behavior that ultimately destabilizes democratic accountability.

    The Politics of Evergrande's Collapse - Vision Times

  • -30

    Business Practices and Ethical Responsibility

    March 25

    The company's business practices, including opaque management structures and dubious offshore asset transfers, reflect a disregard for ethical responsibility. These practices not only fueled its financial instability but also indirectly supported a system where corporate misconduct can be masked by political influence, aligning with authoritarian tendencies.

    The Politics of Evergrande's Collapse - Vision Times

  • -25

    Economic and Structural Influence

    March 25

    Evergrande’s collapse has had significant repercussions on the broader economic landscape in China. The resulting instability in the real estate market and the amplified financial risks have contributed to structural economic vulnerabilities, thereby undermining public welfare and playing into authoritarian narratives that scapegoat corporate mismanagement.

    The Politics of Evergrande's Collapse - Vision Times

Industries

236115
New Single-Family Housing Construction (except For-Sale Builders)
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New Multifamily Housing Construction (except For-Sale Builders)
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Highway, Street, and Bridge Construction
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Lessors of Residential Buildings and Dwellings
531210
Offices of Real Estate Agents and Brokers