Evergrande's Debt Problems: Could It Cripple China's Economy? - TLDR News
Published on Sep 19, 2021
China's largest homebuilding firm Evergrande has been accumulating debt to capitalise on their booming housing market. But with Chinese regulators stepping in to try and stabilise the market, there are concerns that Evergrande could collapse under the weight of its debts. In this video, we discuss how it got to this point, why China's economy is at risk, and why the Chinese government is stuck in a difficult position.
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