Evergrande Got Too Grand For Its Own Good
Alfredo Montufar-Helu, Beijing Director, The Economist Intelligence Corporate Network
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The world most indebted property company turned conglomerate, Evergrande is facing a debt pile of over US$300 billion with a serious cash crunch. Alfredo Montufar-Helu, Beijing Director, The Economist Intelligence Corporate Network tells us the backstory of how this happened and is the Chinese government going to save the day.
Image credit: hxdbzxy / Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Wong Shou Ning, Philip See
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