Why Evergrande Is Going to Plan

Beijing saw the crisis coming and acted accordingly.

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The saga of debt-ridden Chinese property giant Evergrande, which has been rattling markets at home and abroad, isn’t going away anytime soon. After missing a series of bond interest and loan repayments in recent weeks, the sprawling conglomerate is facing a slew of additional deadlines in the months ahead, including $150 million in offshore payment […]

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Phillip Orchard is an analyst at Geopolitical Futures. Prior to joining the company, Mr. Orchard spent nearly six years at Stratfor, working as an editor and writing about East Asian geopolitics. He’s spent more than six years abroad, primarily in Southeast Asia and Latin America, where he’s had formative, immersive experiences with the problems arising from mass political upheaval, civil conflict and human migration. Mr. Orchard holds a master’s degree in Security, Law and Diplomacy from the Lyndon B. Johnson School of Public Affairs, where he focused on energy and national security, Chinese foreign policy, intelligence analysis, and institutional pathologies. He also earned a bachelor’s degree in journalism from the University of Texas. He speaks Spanish and some Thai and Lao.