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Why investors are worried about China’s Evergrande failing

The Decibel

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Introduction

Evergrand is a huge property developer that's found itself in serious financial trouble. If the chinese government lets evergrand fail, it could be really bad for china's economy and potentially have global ripple effects. The globe's asia correspondent, james griffiths, has been following the story,. We're going to talk about, how everdrand got here, how real estate in china's gone from being state owned to becoming the biggest source of wealth for most families.

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