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China's Evergrande Crisis
Podcast

China's Evergrande Crisis



Editorial Rating

8

Qualities

  • Eye Opening
  • Overview
  • Hot Topic

Recommendation

Roughly one-third of China’s $15.6 trillion economy is dependent on the real estate sector. So that makes the problems of Evergrande, one of the industry’s largest entities, particularly troubling for China’s – and perhaps the world’s – economies. Ryan Knutson, host of The Journal podcast, discusses Evergrande’s history, its dizzying expansion and the implications of its debt crisis with The Wall Street Journal’s Asia markets editor, Quentin Webb. Investors and executives will find an insightful analysis in this timely and enlightening conversation.

Take-Aways

  • Real estate plays an outsized role in China’s economy, and Evergrande is a top firm in the industry.
  • Evergrande helped fuel a housing expansion across China by borrowing heavily.
  • Evergrande could end up defaulting on all its debt.

About the Podcast

Ryan Knutson hosts The Journal, “a podcast about money, business and power.” Quentin Webb is the Asia markets editor at The Wall Street Journal.