Advertisement

China Property Giant 'Evergrande' Admits Colossal Debt 

Property giant China Evergrande Group has said that it cannot sell properties and other assets fa...

Share this article

14.57 18 Sep 2021


China Property Giant 'Evergrande' Admits Colossal Debt 



Share this article

14.57 18 Sep 2021


Property giant China Evergrande Group has said that it cannot sell properties and other assets fast enough to service its massive $300bn debts, and that its cashflow was under “tremendous pressure”. What impact will that have on the local and international property markets?

Gavin McLoughlin asked these questions of Rebecca Choong Wilkins - Journalist with Bloomberg

Taking Stock with on Apple PodcastsGoogle Podcasts and Spotify.

    

Download, listen and subscribe on the Newstalk App.

   

You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.


Read more about

Bloomberg China Evergrande Gavin McLoughlin Newstalk Podcast Property Rebecca Choong Wilkins Taking Stock

Related Episodes

THE FOOTBALL SHOW | Reviewing...

00:44:19

THE FOOTBALL SHOW | Reviewing the football calendar year with Gavin Cooney and Nathan Murphy

OTB Football

00:44:19


Gavin James on his new single:...

00:15:37

Gavin James on his new single: ‘Once in a Lifetime’

The Hard Shoulder Highlights

00:15:37


Tech Takeover: Biggest Tech Ti...

00:14:19

Tech Takeover: Biggest Tech Tips of 2024

The Hard Shoulder Highlights

00:14:19


Kneecap movie shortlisted for...

00:08:02

Kneecap movie shortlisted for two Oscars!

The Hard Shoulder Highlights

00:08:02