Podknife - What's really happening with the Evergrande liquidation by The Indicator from Planet Money

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What's really happening with the Evergrande liquidation

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Feb 12, 2024
Episode Duration |: 00:09:19

China is in the economic doldrums in part due to its slumping real estate market. And one of the largest property developers in mainland China is a huge part of the story. Evergrande is drowning in about $300 billion of debt. And after months of attempting to restructure, one of its entities is now being forced to liquidate. We look at what that means and how the Chinese economy will be affected. Related episodes:China's weakening economy in two Indicators (Apple / Spotify) Tumbling Chinese stocks and rapid Chipotle hiring (Apple / Spotify) The mess at the heart of China's economy (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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