9 min listen
New pain for China’s property sector
FromFT News Briefing
ratings:
Length:
9 minutes
Released:
Aug 17, 2023
Format:
Podcast episode
Description
Lower gas and electricity costs drove a sharp drop in headline UK inflation in July, Fitch Ratings has downgraded WeWork, and there’s increasing anxiety in China over the real estate sector’s stability. Mentioned in this podcast:UK inflation slows to 6.8% in July as energy prices fallWeWork credit rating cut further into junk territory by FitchRetail investors complain to Chinese regulator about ZhongzhiCountry Garden crisis brings new pain to China’s property sectorThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Aug 17, 2023
Format:
Podcast episode
Titles in the series (100)
Wednesday, November 7: Democrats take control of the House of Representatives, Republicans clinch a number of closely-watched seats and investors focus on what is next on trade. Plus, Lionel Barber on what the new balance of power in Washington means for the rest of Donald T... by FT News Briefing