Finshots Daily cover image

The Big 4 problem in China

Finshots Daily

Challenges Faced by Evergrande in 2020

24sec Snip

00:00
Play full episode
In 2020, the government's concern over high debt levels in the property sector led to challenges for Evergrande. The introduction of the three red lines policy restricted debt to asset, debt to equity, and short-term debt ratios.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode