logo
episode-header-image
Aug 2023
50m 6s

Evergrande: Shares in the crisis-hit Chi...

Bbc World Service
About this episode
Shares in embattled Chinese property developer Evergrande have fallen almost 80% in their first day of trading in Hong Kong for a year and a half. The shares have lost more than 99% of their value in the past three years as Beijing cracked down on property firms. A technical issue at UK air traffic control has led to long flight delays and a federal judge h ... Show More
Up next
May 2025
Trump suggests China tariffs will fall
President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.The International Monetary Fund has revised its global growth forecast ... Show More
53m 26s
Apr 2025
Traders on tenterhooks over new tariffs
As some of the World's largest economies get ready to face new tariffs, we find out what a battle on levy's could mean for the global economy.We hear from a Gulf Coast business feeling positive about the charges, and the predicament of a Californian retailer reliant on imports.El ... Show More
49m 27s
Apr 2025
Making sense of a turbulent time for the markets
We speak to experts in the world's two largest economies - the USA and China - about the impact of a tariff war, and whether stock markets around the globe will continue to fall as we saw on Monday. Rahul Tandon speaks to a footwear designer in California on how any international ... Show More
49m 30s
Recommended Episodes
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
Aug 2021
China's Tech Crackdown
Is China's behavior towards its innovators separating the country further from the world? That's the question on everybody's mind, as the Chinese authorities continue to exert their political power over the country's rising tech companies. George Magnus, associate at the China Ce ... 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
Mar 2024
BlackRock CEO Fink's Message to Investors, Baltimore Bridge Collapse, Trump Media Shares Soar 3/26/24
<p>Carl Quintanilla and Jim Cramer began the show with Larry Fink's annual letter to investors, in which the BlackRock CEO warns of a crisis when it comes to saving for retirement. The anchors discussed what he told Jim in an interview set to air on "Mad Money" Tuesday night. Als ... Show More
41m 35s
Sep 2021
Evergrande debt crisis: China’s ‘Lehman moment’ vs Xi’s ‘Common Prosperity’
Mimi Lau speaks with SCMP reporter Pearl Liu about the background to the US$300 billion debt crisis for China's property giant Evergrande, the warning signs from 2019 and escalating events this year that lead to protests across China. Desk editor Zhou Xin explores how Evergrande ... Show More
38m 54s
Jan 2024
China’s not so Evergrande
<p>Binance has bowed to pressure from customers who want to hold their assets with an independent custodian, a Hong Kong court has ordered property giant China Evergrande to be wound up, and Brazil’s President Luiz Inácio Lula da Silva is returning to an old but controversial pla ... Show More
10m 20s
May 2024
PwC’s Evergrande audit comes back to bite
<p>UK deputy prime minister Oliver Dowden went on a secret trip to the UAE, PwC is bracing for penalties over its audit of collapsed Chinese property developer Evergrande, and traders are anticipating huge swings in Nvidia shares after the company reports earnings on Wednesday.&n ... Show More
11m 52s
Jun 2021
Morning After a Big Stock Market Rebound: Chair Powell Capitol Hill Testimony Preview, GameStop Surges, Bitcoin Slides Below $30K, EU Antitrust Probe Targets Google, Update on the White House's July 4 Vaccination Goal, and the Latest Company to Move Its HQ out of NYC
Carl Quintanilla, Jim Cramer and David Faber explored what's in store for the markets after Monday's big rally erased losses from Friday's sell-off. What should investors make of the rebound? Especially as Wall Street braces for Fed Chair Powell's Tuesday testimony on Capitol Hil ... Show More
43m 9s