The Daily
A Threat to China’s Economy
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:30:25
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Sinopsis
Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.Evergrande has the distinction of being the world’s most debt-saddled property developer and has been on life support for months. A steady drumbeat of bad news in recent weeks has accelerated what many experts warn is inevitable: failure.But will the government let the company fail? And what would happen if it did?Guest: Alexandra Stevenson, a business correspondent based in Hong Kong covering Chinese corporate giants.Love listening to New York Times podcasts? Help us test a new audio product in beta and give us your thoughts to shape what it becomes. Visit nytimes.com/audio to join the beta.Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Background reading: The property giant’s succes