Evergrande, China, and the Ticking Debt Bomb Explained

Описание к видео Evergrande, China, and the Ticking Debt Bomb Explained

If you follow the world of finance or even world news in general, in recent weeks you may have come across Evergrande.

Evergrande is a massive Chinese company, the second largest property developer in China, and it is now on the brink of collapse, being around $300bn in debt to investors, suppliers and banks. If Everegrande does collapse, it potentially has huge repercussions for China and possibly the globe... Maybe...

Today we are going to go back to the start, and try to understand how this company got itself in the predicament it is in, as well as what the future looks like.



#evergrande #evergrandecrisis #finance #business #china

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