Roland Preston-What's really happening with the Evergrande liquidation

2025-05-05 07:00:38source:Quentin Mitchellcategory:Markets

China is Roland Prestonin 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:Markets

Recommend

Arkansas State Police probe death of woman found after officer

LITTLE ROCK, Ark. (AP) — Arkansas State Police are investigating the death of an Arkansas woman whos

50 Cent Producing Netflix Docuseries on Diddy's Sex Trafficking, Racketeering Charges

Curtis "50 Cent" Jackson is going to be asking 21 questions about Sean "Diddy" Combs' legal case. Th

First and 10: Georgia-Alabama clash ushers in college football era where more is always better

1. A brave new (and always better) worldChange is evil, we've been told. The beauty and pageantry, t