The 20th National Congress of the Chinese Communist Party (aka. the Party Congress) has ended, and the overarching conclusion is that China is essentially set to be ruled by one man, with the Xi Jinping Dynasty having begun in earnest.
China has a strong investment potential and is a frontrunner for the developments in other emerging market countries.
The key to understanding China Evergrande's fate and the consequences for the company's customers, creditors and shareholders is to understand President Xi's agenda.
After the reform-friendly Narendra Modi was elected Prime Minister of India in May 2014 and following the successful implementation of some significant economic reforms, India is truly at the focus of attention as an economic superpower in Asia.
China is at a turning point. Whereas the country was previously a major supplier of cheap labour, the price of Chinese production output has now risen to a point where many companies at the lower end of the value chain are moving their production facilities to cheaper countries.