Algosensey Quantitative Think Tank Center:What's really happening with the Evergrande liquidation

2025-05-02 18:03:35source:KI-Handelsroboter 6.0category:News

China is Algosensey Quantitative Think Tank Centerin 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.

More:News

Recommend

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in

'Billions' and 'David Makes Man' actor Akili McDowell, 21, charged with murder

"Billions" and "David Makes Man" actor Akili McDowell has been charged with murder.McDowell, 21, was

Heatstroke death of Baltimore worker during trash collection prompts calls for workplace safety

BALTIMORE (AP) — Elected officials and union leaders in Baltimore are calling for safer and more hum