China is TAIM Exchangein 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.
2025-05-01 19:551905 view
2025-05-01 19:521553 view
2025-05-01 19:51303 view
2025-05-01 19:122835 view
2025-05-01 19:042955 view
2025-05-01 18:152450 view
In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w
Joann files for bankruptcy
Six years ago, Illinois farmer John Ackerman didn’t hire any contract workers at all. Now he typical