Xi Tries to Ride a Real-Estate Tiger, and We All May Get Mauled

062821opvidms 1280x720

As Covid lockdowns and buyers’ revolts roil China’s real-estate market, Xi Jinping is attempting to ride a tiger—to maintain power while clinging to the foolhardy policies that put him in this position. But as a Chinese central banker said of the country’s real-estate bubble, the problem with riding a tiger is that if you fall off, the tiger eats you. What are the odds Mr. Xi ends up in its jaws?

More News & Insights

Screenshot 2024 05 20 At 15.06.02

BENS Member, Dan Holland

On May 3rd, BENS Boston member Dan Holland served as Co-Chairman of this year’s annual Boston College Finance Conference. Dan moderated a discussion with General James Mattis, former Secretary of Defense, retired four-star general,…

Screenshot 2024 05 20 At 2.06.00 PM

House bill: Time to put Air Force’s ‘flying car’ concept into action

House lawmakers want the Air Force to start seriously thinking about how to make its electric “flying car” concept a reality.

Screenshot 2024 05 20 At 2.03.36 PM

The Pentagon’s growing costly headache: Cheap drones

The Pentagon faces a dilemma exemplified by its battles in the Red Sea and Gulf of Aden: How to cost-effectively intercept cheap but deadly drones wielded by a growing number…

Receive BENS news and insights in your inbox.