Cut The Clutter: Is Evergrande financial crisis China’s Lehman moment & Xi Jinping’s politics behind it

As Evergrande, China's largest real estate company collapses, Shekhar Gupta explains what the crisis is and how politics of Xi Jinping’s ideological push is behind it. Heady brew of Nationalusm, populism & ideology to fuel his political ambitions. Episode 839 of CutTheClutter. Additional Research by Sukriti Vats and Amogh Rohmetra Brought to you by  @Kia India  ----more----Read the Global Times article here: https://www.globaltimes.cn/page/202109/1234646.shtml----more----Read Lingling Wei's article here: https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725----more----Read the BBC article here: https://www.bbc.com/news/business-58579833