In September China's second largest real-estate developer, Evergrande, missed an $83.5 million debt payment. Skeptics and bears on China have long said that its property market, which makes up some 30 percent of GDP, is over-leveraged and overheated. The recent news has people asking...are the bears right, and could this be China's Lehman Moment.
On this ep ... Show More
Oct 22
2026 Midterms: Promises vs. Economics
Everyone covers the 2026 midterms like a sports match, so we pulled the candidates' actual economic platforms and stress-tested the math. Instead of asking who is up by two points in Michigan, Texas, or South Carolina, this special 2026 Midterms Edition examines what the candidat ... Show More
37m 20s
Oct 8
The Case That Could End Super PACs - ft. Larry Lessig
Everyone blames Citizens United for super PACs. Harvard Law professor Lawrence Lessig says they're blaming the wrong case, and he is actually taking his argument to court. The ruling that actually created super PACs, he argues, is SpeechNow.org v. FEC, a D.C. Circuit decision iss ... Show More
47m 53s
Sep 2021
Evergrande and China's property woes
China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beiji ... Show More
17m 28s
Oct 2021
A Threat to China’s Economy
<p>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.</p><p>Evergrande has the distinction of being the world’s most de ... Show More
30m 25s
Oct 2023
How did 6 million people in China buy homes that don’t exist?
China is in the middle of a housing market crisis. Two of its top property developers, Evergrande and Country Garden, are struggling to pay back debt or fulfil their promises to build properties they have already sold to millions of people.Fan Wang, a BBC reporter in Singapore, t ... Show More
13m 43s
Jan 2024
The Intelligence: China’s ever grander property crisis
One of the country’s biggest property companies, Evergrande, has been crippled by its debt. What does a new court order mean for prospective homebuyers, and the firm’s creditors? Is there a way for Joe Biden to be replaced by the Democrats’ presidential candidate (09:45)? And the ... Show More
22m 55s