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← The Decibel
Why investors are worried about China’s Evergrande failing artwork

Why investors are worried about China’s Evergrande failing

The Decibel
18:35
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Show notes

China’s second-largest property developer, Evergrande, owes about US$300-billion in liabilities, sparking fears that the property developer could default. But would Beijing allow such a huge company to fail? The Globe’s Asia correspondent James Griffiths explains how Evergrande became a behemoth in a real estate market overrun with speculation, and why its current trouble started partly because of new government crackdowns on inequality in China. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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