Evergrande debt crisis: China’s ‘Lehman momen...

With slower growth in China’s economy, young professionals and middle-class people across the country are tightening their belts and cutting down on spending. But what can the rest of the world expect from diminished demand in the second-biggest economy? 

Two years after taking office as Hong Kong's chief executive, John Lee has shifted his focus from enforcing national security to improving the lives of residents and rebuilding the city's economy. But he faces formidable challenges, stemming from geopolitical tensions between Chi ...  Show more

In September China's second largest real-estate developer, Evergrande, missed an $83.5 million debt payment. Skeptics and bears on China have long said that its property market, which makes up some 30 percent of GDP, is over-leveraged and overheated. The recent news has people as ...  Show more

One of the country’s biggest property companies, Evergrande, has been crippled by its debt. What does a new court order mean for prospective homebuyers, and the firm’s creditors? Is there a way for Joe Biden to be replaced by the Democrats’ presidential candidate (09:45)? And the ...  Show more

China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beiji ...  Show more

One of the country’s <a href="https://www.economist.com/finance-and-economics/2024/01/29/evergrandes-liquidation-is-a-new-low-in-chinas-property-crisis?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes ...