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The Big Short: China Edition
Podcast |
The Journal.
Media Type |
audio
Categories Via RSS |
Business News
Daily News
News
Publication Date |
May 30, 2024
Episode Duration |
00:24:30
For years, China’s real estate market was booming. Developers, home buyers and Western banks rushed to invest. But the boom turned into a bubble, which eventually burst. WSJ’s Rebecca Feng reports on the warning signs that were ignored and we speak to two people who saw the collapse coming.  Further Reading: -The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It-Evergrande Was Once China’s Biggest Property Developer. Now, It Has Been Ordered to Liquidate.  Further Listening: -China’s Property Market Crisis  -China’s Evergrande Crisis  Learn more about your ad choices. Visit megaphone.fm/adchoices

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