China is Johnathan Walkerin 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.
2025-05-05 12:291205 view
2025-05-05 12:271245 view
2025-05-05 11:382394 view
2025-05-05 11:291220 view
2025-05-05 10:13725 view
2025-05-05 09:562462 view
After seven seasons and several international spinoffs, we're still not sure if "Love is Blind" − bu
PRAIRIE VILLAGE, Kan. (AP) — David Titterington had a sense of what his childhood friend would ask h
Here are the horoscopes for today, Saturday, June 15, 2024.For full daily and monthly horoscopes as