Current：Home > FinanceWhat's really happening with the Evergrande liquidation -Elevate Capital Network
What's really happening with the Evergrande liquidation
View
Date：2025-04-16 17:18:54
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！ (39623)
Related
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- Congress heard more testimony about UFOs: Here are the biggest revelations
- US Diplomats Notch a Win on Climate Super Pollutants With Help From the Private Sector
- California man allegedly shot couple and set their bodies, Teslas on fire in desert
- Meta donates $1 million to Trump’s inauguration fund
- Investigation into Chinese hacking reveals ‘broad and significant’ spying effort, FBI says
- Vogue Model Dynus Saxon Charged With Murder After Stabbing Attack
- Chipotle unveils cilantro-scented soap, 'water' cup candles in humorous holiday gift line
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Wildfires burn on both coasts. Is climate change to blame?
Ranking
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- NBA players express concern for ex-player Kyle Singler after social media post
- Rep. Michael McCaul of Texas says he was detained in airport over being ‘disoriented’
- Catholic bishops urged to boldly share church teachings — even unpopular ones
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Bill on school bathroom use by transgender students clears Ohio Legislature, heads to governor
- Best fits for Corbin Burnes: 6 teams that could match up with Cy Young winner
- Infowars auction could determine whether Alex Jones is kicked off its platforms
Recommendation
Billy Bean was an LGBTQ advocate and one of baseball's great heroes
Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
Alexandra Daddario Shares Candid Photo of Her Postpartum Body 6 Days After Giving Birth
Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
Homes of Chiefs’ quarterback Mahomes and tight end Kelce were broken into last month
A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome
When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch