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In this episode, we go deep into the crisis at Chinese real estate giant Evergrande and examine the reasons and fall-out. Are there likely wider ramifications for China's economy, as well as for countries, including India, which counts on China as its largest trading partner with a trading relationship predicated on continued Chinese appetite for commodities? What do the Evergrande …
The story so far: Chinese real estate conglomerate Evergrande Group has been in the news recently over its inability to pay interest on its huge debt obligations. The most immediate trigger of the current crisis, analysts believe, is the Chinese government’s new rules for property developers. Some see the Chinese government’s new rules as a bid to puncture the country’s …
