Current:Home > reviewsWhat's really happening with the Evergrande liquidation -EliteFunds
What's really happening with the Evergrande liquidation
View
Date:2025-04-13 20:53:28
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! (9)
Related
- A South Texas lawmaker’s 15
- 2 killed when vintage plane crashes during Father’s Day event at Southern California airfield
- New Research Finds Most of the World’s Largest Marine Protected Areas Have Inadequate Protections
- Kansas lawmaker’s law license suspended over conflicts of interest in murder case
- What to watch: O Jolie night
- 2 dead after WWII-era plane crashes in Chino, California, reports say
- Henry Cavill Shares How He's Preparing for Fatherhood
- 15-year-old shot in neck, 5 others hurt in shooting on Chicago's Northwest Side
- North Carolina justices rule for restaurants in COVID
- Gervonta Davis vs Frank Martin fight results: Highlights from Tank Davis' knockout win
Ranking
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- 28 rescued after ride malfunctions at century-old amusement park in Oregon
- Home run robbery in ninth caps Texas A&M win vs. Florida in College World Series opener
- Katie Ledecky, remarkably consistent, locks her spot on fourth Olympic team
- Rylee Arnold Shares a Long
- A look in photos of the Trooping the Colour parade, where Princess Kate made her first official appearance in months
- 8 injured after shooting at 'pop-up' party in Methuen, Massachusetts
- Severe, chaotic weather around US with high temperatures in Southwest and Midwest, snow in Rockies
Recommendation
Chief beer officer for Yard House: A side gig that comes with a daily swig.
Taylor Swift's ex Joe Alwyn breaks silence on their split and 'long, loving' relationship
The Ripken Way: How a father's lessons passed down can help your young athlete today
Real Housewives' Melissa Gorga Shares a Hack To Fit Triple the Amount of Clothes in Your Suitcase
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Cheers to Anderson Cooper and Andy Cohen's Cutest Dad Moments
Angelina Jolie Debuts Chest Tattoo During Milestone Night at Tony Awards With Daughter Vivienne Jolie-Pit
Steven Spielberg gets emotional over Goldie Hawn tribute at Tribeca: 'Really moved'