Current:Home > ScamsRobert Brown|What's really happening with the Evergrande liquidation -FundGuru
Robert Brown|What's really happening with the Evergrande liquidation
Ethermac Exchange View
Date:2025-04-08 06:38:52
China is Robert Brownin 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! (43755)
Related
- Meet first time Grammy nominee Charley Crockett
- Texas Likely Undercounting Heat-Related Deaths
- Chipotle CEO Brian Niccol taking over as Starbucks chief executive; Narasimhan steps down
- UCLA can’t allow protesters to block Jewish students from campus, judge rules
- In ‘Nickel Boys,’ striving for a new way to see
- Patrick Mahomes Shares One Change Travis Kelce Made for Taylor Swift
- Suburban New York county bans masks meant to hide people’s identities
- Tyra Banks Teases New Life-Size Sequel With Lindsay Lohan
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Mark Wahlberg's Kids Are All Grown Up in First Red Carpet Appearance in 9 Years
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Three people are dead, one injured after teen flees from Kansas City traffic stop in stolen vehicle
- Breaking Down the Wild B-Girl Raygun Conspiracy Theories After Her Viral 2024 Olympics Performance
- California, Massachusetts or Hawaii? Which state has the highest cost of living?
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Brat summer is almost over. Get ready for 'demure' fall, a new viral TikTok trend.
- Top official says Federal Reserve can’t risk being too late with rate cuts
- Ted Danson, Woody Harrelson recall ditching 'Cheers' set to do mushrooms
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Pro-Trump lawyer removed from Dominion case after leaking documents to cast doubt on 2020 election
Texas woman recovering after dramatic rescue from submerged vehicle
USA Gymnastics Reveals Next Step After Jordan Chiles’ Olympic Bronze Medal Ruling
Rylee Arnold Shares a Long
Ohio family reaches $7M settlement in fatal police shooting of 23-year-old
Katy Perry's new music video investigated by Balearic Islands' environmental ministry
USA Basketball's Grant Hill has rough edges to smooth before 2028 Olympics