Evergrande and China's property woes

Evergrande and China's property woes

Up next

How a spiked drink led to a startup

Today - from a teenage DIY invention, to US national TV, to changing legislation, and now global sales. What started as a way to protect a friend who’d been drugged at a college bar became a product made from an old hair scrunchie and her mum’s stockings. Shirah Benarde tells us ...  Show more

How modular homes are rebuilding Portugal’s ruins

Today, we’re looking at a wooden house revolution that's happening in Europe. Concrete’s carbon footprint is turning architects and construction companies towards trees. In Portugal, a rush of new residents to the sparsely populated rural areas – and a lack of builders – is drivi ...  Show more

Recommended Episodes

Is Evergrande Really China’s Lehman Moment?
Capitalisn't

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

China's property crisis: how will it impact the economy?
World Business Report

Property giant Evergrande's financial problems have rippled through China's vast property industry, with several other developers defaulting on their debts. We look at this in more detail and and what’s likely to happen next for the sector – and the wider Chinese economy. 

Evergrande: Shares in the crisis-hit Chinese developer plunge by 80%
Big Boss Interview

Shares in embattled Chinese property developer Evergrande have fallen almost 80% in their first day of trading in Hong Kong for a year and a half. The shares have lost more than 99% of their value in the past three years as Beijing cracked down on property firms. A technical issu ...  Show more

Evergrande debt crisis: China’s ‘Lehman moment’ vs Xi’s ‘Common Prosperity’
Inside China

Mimi Lau speaks with SCMP reporter Pearl Liu about the background to the US$300 billion debt crisis for China's property giant Evergrande, the warning signs from 2019 and escalating events this year that lead to protests across China. Desk editor Zhou Xin explores how Evergrande ...  Show more