
Why investors are worried about China’s Evergrande failing
The Decibel
00:00
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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