Podknife - What does the Evergrande collapse mean for the world economy? by RN Breakfast

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What does the Evergrande collapse mean for the world economy?

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Jan 29, 2024
Episode Duration |: 00:07:33

After a long legal battle, the troubled Chinese real estate giant Evergrande has been ordered to undergo liquidation by a Hong Kong court.

The ruling brings to an end a marathon 18-month legal proceeding, with Evergrande - notorious for its massive US $300 billion in liabilities - being unable to present a convincing restructuring plan. What will be the impact on the world economy?

Guest: Professor Richard Holden, Professor of Economics, UNSW

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