A Threat to China’s Economy
The Daily25 Loka 2021

A Threat to China’s Economy

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 success mirrored the country’s transformation from an agrarian economy to one that embraced capitalism. Its struggles offer a glimpse of a new financial future.
  • Evergrande isn’t the only Chinese real estate developer in trouble — another, Fantasia Holdings Group, recently missed a key payment to foreign bondholders, heightening the persistent fears of a coming crisis in China’s real estate sector.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jaksot(2757)

The Hidden Victims of America’s Wildfires

The Hidden Victims of America’s Wildfires

As wildfire seasons grow longer and deadlier, states are increasingly relying on private companies to provide thousands of firefighters to the front lines.Hannah Dreier, who has been covering the stor...

28 Loka 202529min

Mob Ties and Rigged Bets: Inside the N.B.A.’s Gambling Scandal

Mob Ties and Rigged Bets: Inside the N.B.A.’s Gambling Scandal

A federal investigation into illegal gambling has rocked the N.B.A. On Thursday, more than 30 people were indicted in the case, which involves the Mafia, high-profile players and the manipulation of p...

27 Loka 202527min

Sunday Special: The 10 Best Horror Movie Franchises

Sunday Special: The 10 Best Horror Movie Franchises

The only thing Gilbert Cruz loves more than celebrating Halloween is watching scary movies. And between the classic horror franchises that span decades and the prestige original films of the current m...

26 Loka 202557min

Where ‘The Daily’ Gets Its Music

Where ‘The Daily’ Gets Its Music

In a special, subscriber-only episode of “The Daily,” we go behind the scenes of the production process.Dan Powell and Marion Lozano, who compose the music for the show, discuss the D.N.A. of the “Dai...

25 Loka 202517min

'The Interview': Anthony Hopkins on Quitting Drinking and Finding God

'The Interview': Anthony Hopkins on Quitting Drinking and Finding God

The legendary actor, 87, is looking back with tears in his eyes.Thoughts? Email us at theinterview@nytimes.comWatch our show on YouTube: youtube.com/@TheInterviewPodcastFor transcripts and more, visit...

25 Loka 202540min

Demolition at the White House

Demolition at the White House

The Trump administration completed its demolition of the East Wing of the White House on Thursday to make way for a new presidential ballroom.Luke Broadwater, who covers the White House, explains who ...

24 Loka 202527min

Is the U.S. Trying to Oust the Government in Venezuela?

Is the U.S. Trying to Oust the Government in Venezuela?

For months, President Trump has been ratcheting up the pressure on Venezuela with increasingly aggressive military actions that the administration claims are about targeting drug traffickers.But behin...

23 Loka 202529min

Le Heist

Le Heist

In just under 10 minutes on Sunday, thieves stole precious jewelry from the Louvre Museum in Paris after using a truck-mounted ladder to break into a second-floor window.Catherine Porter, a New York T...

22 Loka 202527min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-podme-livebox
rss-vaalirankkurit-podcast
rss-asiastudio
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-fingo-podcast
rss-hyvaa-huomenta-bryssel
rss-merja-mahkan-rahat