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Contagion Concerns Over Country Garden Crisis
10 mins·07:30, 15 Aug 2023
Contagion Concerns Over Country Garden Crisis
10 mins
·
07:30, 15 Aug 2023
·
Recommended
Guest: Louise Loo (China Economist), Oxford Economics
Country Garden, one of the largest property developers in China, saw its shares plunge by more than 16 percent after it missed bond payments and warned of multibillion-dollar losses for the first half of the year. Louise Loo of Oxford Economics tells us what options are left for the builder to avoid collapse, and what this could mean for the broader Chinese economy.
Image by: Shutterstock
Presenter: Mark Tan, Wong Shou Ning, Shazana Mokhtar
Producer: Moh Heng Ying
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