22 min listen
Michael Pettis on What Evergrande Means for China’s Macro Economy
FromOdd Lots
ratings:
Length:
52 minutes
Released:
Oct 11, 2021
Format:
Podcast episode
Description
The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. What will be the impact on creditors or people who have put down payments on homes that haven't been built yet? And what will the ripple effects be on other credits? In addition to the financial fallout, there's also a macro angle. Real estate is extremely important to the Chinese economy for all kinds of reasons. And what happens in China has effects on all of its trading partners. To explain what comes next, we spoke with Peking University Finance Professor and Senior Carnegie Fellow Michael Pettis.
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Released:
Oct 11, 2021
Format:
Podcast episode
Titles in the series (100)
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