Current:Home > ScamsWhat's really happening with the Evergrande liquidation -CapitalCourse
What's really happening with the Evergrande liquidation
View
Date:2025-04-15 02:16:43
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! (59394)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Nelly Korda shoots 69 to put herself in position for a record-setting 6th straight win on LPGA Tour
- Shaquille O'Neal on ex-wife saying she wasn't in love with him: 'Trust me, I get it'
- Maui to hire expert to evaluate county’s response to deadly wildfire
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- How Justin Bieber and Pregnant Hailey Bieber's Family Reacted to Baby News
- Aldi lowering prices on over 250 items this summer including meat, fruit, treats and more
- Are Justin Bieber and Hailey Bieber Having Twins? Here’s the Truth
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Powerball winning numbers for May 8: Jackpot now worth $36 million
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Woman was living behind store's rooftop sign for a year with desk, flooring, houseplant
- Utilities complete contentious land swap to clear way for power line in Mississippi River refuge
- Her remains were found in 1991 in California. Her killer has finally been identified.
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- OPACOIN Trading Center: Facing Challenges, Welcoming the New Spring of Cryptocurrencies
- Gunmen burst into San Antonio home, shooting 3 kids, 2 adults; suspects remain at large
- Georgia Supreme Court declines to rule on whether counties can draw their own electoral maps
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
See the 2024 Met Gala's best-dressed stars and biggest moments
How Hailey Bieber’s Rhode Has Transformed My Super Sensitive Skin
One man was a Capitol Police officer. The other rioted on Jan. 6. They’re both running for Congress
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
New 'Lord of the Rings' revealed: Peter Jackson to produce 'The Hunt for Gollum'
2 climbers reported missing on California’s Mount Whitney are found dead
Baby Reindeer's Alleged Stalker Fiona Harvey Shares Her Side of the Story With Richard Gadd