Current：Home > ScamsWhat's really happening with the Evergrande liquidation-VaTradeCoin
What's really happening with the Evergrande liquidation
View
Date：2025-01-08 16:44:09
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！ (32)
Related
- He failed as a service dog. But that didn't stop him from joining the police force
- Media attorney warns advancing bill would create ‘giant loophole’ in Kentucky’s open records law
- Baltimore bridge press conference livestream: Watch NTSB give updates on collapse
- MLB Opening Day games postponed: Phillies vs. Braves, Mets-Brewers called off due to weather
- Jennifer Garner Details Navigating Grief 7 Months After Death of Her Dad William Garner
- The story behind the luxury handbag Taylor Swift took to lunch with Travis Kelce
- Catch up on our Maryland bridge collapse coverage
- Louisville finalizing deal to hire College of Charleston's Pat Kelsey as men's basketball coach
- Opinion: NFL began season with no Black offensive coordinators, first time since the 1980s
- Texas Rep. Troy Nehls target of investigation by House ethics committee
Ranking
- Kalen DeBoer, Jalen Milroe save Alabama football season, as LSU's Brian Kelly goes splat
- Is there a safe way to 'make weight' as a high school wrestler? Here's what experts say
- What to know about the cargo ship Dali, a mid-sized ocean monster that took down a Baltimore bridge
- Georgia Power makes deal for more electrical generation, pledging downward rate pressure
- Olivia Munn Says She “Barely Knew” John Mulaney When She Got Pregnant With Their Son
- Rebel Wilson Alleges Sacha Baron Cohen Asked Her to Stick Finger in His Butt
- Donald Trump assails judge and his daughter after gag order in New York hush-money criminal case
- 'Truth vs. Alex Jones': Documentary seeks justice for outrageous claims of Sandy Hook hoax
Recommendation
2025 NFL mock draft: QBs Shedeur Sanders, Cam Ward crack top five
Ghost preparers stiff you and leave you with a tax mess. Know the red flags to avoid them.
Suspect in 3 Pennsylvania killings makes initial court appearance on related New Jersey charges
Nobelist Daniel Kahneman, a pioneer of behavioral economics, is dead at 90
John Robinson, successful football coach at USC and with the LA Rams, has died at 89
A faster spinning Earth may cause timekeepers to subtract a second from world clocks
Former Kansas City Chiefs cheerleader Krystal Anderson dies from sepsis after giving birth
Driving along ... and the roadway vanishes beneath you. What’s it like to survive a bridge collapse?