BFM 89.9
The Business Station
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20 mins
11 mins
Guest: Louise Loo, China Economist, Oxford Economics
China's property woes continue to be of concern with shadow banking giant Zhongzhi Enterprise Group disclosing last week that it was severely insolvent, revealing a shortfall amounting to USD36.4 billion, which authorities are currently investigating. Louise Loo, China Economist with Oxford Economics, talks to us about how this fallout might impact the overall economy.
Image credit: Shutterstock.com
Presenter: Wong Shou Ning, Keith Kam, Anwar Mahbob
Producer: Shazana Mokhtar
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