Current:Home > Contact-usWhat's really happening with the Evergrande liquidation-DB Wealth Institute B2 Expert Reviews
What's really happening with the Evergrande liquidation
View Date:2025-01-11 11:40:27
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.
veryGood! (17631)
Related
- The Surreal Life’s Kim Zolciak Fuels Dating Rumors With Costar Chet Hanks After Kroy Biermann Split
- Matt Damon Shares Insight Into Family’s Major Adjustment After Daughter’s College Milestone
- An appeals court has revived a challenge to President Biden’s Medicare drug price reduction program
- NFL bold predictions: Who will turn heads in Week 3?
- Martin Scorsese on faith in filmmaking, ‘The Saints’ and what his next movie might be
- Kathryn Crosby, actor and widow of famed singer and Oscar-winning actor Bing Crosby, dies at 90
- A stranger said 'I like your fit' then posed for a photo. Turned out to be Harry Styles.
- Katy Perry's new album '143' is 'mindless' and 'uninspired,' per critics. What happened?
- Amazon Best Books of 2024 revealed: Top 10 span genres but all 'make you feel deeply'
- Secret Service report details communication failures preceding July assassination attempt on Trump
Ranking
- Women’s baseball players could soon have a league of their own again
- Youngest NFL players: Jets RB Braelon Allen tops list for 2024
- Dan Evans, former Republican governor of Washington and US senator, dies at 98
- Foster family pleads guilty to abusing children who had been tortured by parents
- We Can Tell You How to Get to Sesame Street—and Even More Secrets About the Beloved Show
- Freddie Owens executed in South Carolina despite questions over guilt, mother's plea
- ‘She should be alive today’ — Harris spotlights woman’s death to blast abortion bans and Trump
- Deadly violence on America's highways wreaks fear, havoc, and frustration
Recommendation
-
Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
-
Alabama lawmaker arrested on domestic violence charge
-
Moment of Sean Diddy Combs' Arrest Revealed in New Video
-
Giant sinkholes in a South Dakota neighborhood make families fear for their safety
-
Mike Tyson impresses crowd during workout ahead of Jake Paul fight
-
Off the Grid: Sally breaks down USA TODAY's crossword, I'm Cliche, Who Cares? (Freestyle)
-
‘The West Wing’ cast visits the White House for a 25th anniversary party
-
Kentucky sheriff charged in judge’s death allegedly ignored deputy’s abuse of woman in his chambers