Current:Home > MarketsWhat's really happening with the Evergrande liquidation -EverVision Finance
What's really happening with the Evergrande liquidation
Algosensey Quantitative Think Tank Center View
Date:2025-04-10 02:58:01
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! (5131)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Horoscopes Today, January 1, 2024
- Suburbs put the brakes on migrant bus arrivals after crackdowns in Chicago and New York
- The 31 Essential Items That You Should Actually Keep in Your Gym Bag
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Gun restriction bills on tap in Maine Legislature after state’s deadliest mass shooting
- Interested in fan fiction? Here’s what you need to know to start.
- Harvard president Claudine Gay resigns amid plagiarism claims, backlash from antisemitism testimony
- Former Danish minister for Greenland discusses Trump's push to acquire island
- DeSantis and Haley will appear at next week’s CNN debate at the same time as Trump’s Fox town hall
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Missing NC teen found concealed under Kentucky man's home through trap door hidden by rug: Police
- Nutramigen infant formula recalled due to potential bacteria contamination
- Thompson and Guest to run for reelection in Mississippi, both confirm as qualifying period opens
- A South Texas lawmaker’s 15
- Rachel Lindsay Admitted She and Bryan Abasolo Lived Totally Different Lives Before Breakup News
- 'You Are What You Eat': Meet the twins making changes to their diet in Netflix experiment
- Mountain Dew Baja Blast available in stores nationwide for all of 2024, not just Taco Bell
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Police say Massachusetts man shot wife and daughter before shooting himself
Gun restriction bills on tap in Maine Legislature after state’s deadliest mass shooting
'The Bachelorette' star Rachel Lindsay, husband Bryan Abasolo to divorce after 4 years
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
A congressman and a senator’s son have jumped into the Senate race to succeed Mitt Romney in Utah
Selena Gomez Reveals Her Next Album Will Likely Be Her Last
Proposed merger of New Mexico, Connecticut energy companies scuttled; deal valued at more than $4.3B