A property crisis in China is deepening as the number of debt-ridden developers grows after Beijing capped their loans. Real estate giant Evergrande is struggling to pay back $300bn in loans. And the company is now fighting the demolition of dozens of apartment blocks. Al Jazeera’s Katrina Yu reports from Danzhou in Hainan province, China. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #China #Evergrande #EvergrandeCrisis
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#China #Evergrandedebt #ChinaEvergrande Ed Yardeni, Yardeni Research President and Chief Investment Strategist, talks the implications of China Evergrande’s potential collapse. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical […]
