Current:Home > reviewsWhat's really happening with the Evergrande liquidation -WealthStream
What's really happening with the Evergrande liquidation
View
Date:2025-04-18 18:44:31
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! (153)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- What’s going on with Scooter Braun’s artist roster? Here’s what we know and what’s still speculation
- Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings
- A new Illinois law wants to ensure child influencers get a share of their earnings
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Arkansas man pleads guilty to firebombing police cars during George Floyd protests
- First GOP debate kicks off in Milwaukee with attacks on Biden, Trump absent from the stage
- Cape Cod strands more dolphins than anywhere else. Now they’re getting their own hospital
- Intel's stock did something it hasn't done since 2022
- Sofia Coppola Reacts to 16-Year-Old Daughter Romy’s Viral TikTok About Being Grounded
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Blac Chyna Shares New Video Getting Facial Fillers Dissolved
- Montana woman sentenced to life in prison for torturing and killing her 12-year-old grandson
- Dollar Tree and Family Dollar agree to take steps to improve worker safety at the bargain stores
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Aaron Rodgers' new Davante Adams, 'fat' Quinnen Williams and other 'Hard Knocks' lessons
- Man arrested in kidnapping, death of Andrea Vasquez, 19, in Southern California
- Aaron Rodgers set to make Jets debut: How to watch preseason game vs. Giants
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Hundreds in Oregon told to evacuate immediately because of wildfire near Salem
Man arrested after 1-year-old girl's van death during dangerous heat in Omaha
After a Vermont playhouse flooded, the show went on
Trump's 'stop
Racing to save a New Jersey house where a Revolutionary War patriot was murdered
WWE Hall of Famer Terry Funk, 'one of the toughest' wrestling stars, dies at 79
Halle Berry and Ex Olivier Martinez Officially Finalize Divorce After Nearly 8-Year Legal Battle