Xi and Evergrande a delicate balancing act

By Andrew Galbraith
Updated September 24 2021 - 1:55pm, first published 1:50pm
President Xi has set out to reform the 'three huge mountains' of housing, education and healthcare'.
President Xi has set out to reform the 'three huge mountains' of housing, education and healthcare'.

The crisis at property giant China Evergrande poses a $US305 billion ($A418 billion) conundrum for President Xi Jinping: how to impose financial discipline without fuelling social unrest.

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