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Evergrande is the name on everybody’s lips. China’s second largest property developer is struggling to service debts of up to US$300 billion. With Evergrande in a trading halt and on the verge of collapse, there's a broader question to ask about what this means for Australia. Australian iron ore has helped build the Chinese property market which has been the engine of their economic growth. If the Chinese economy suffers a slowdown, will this impact Australian exports? What should the trading relationship between these two countries look like?
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4
11 ratings
Evergrande is the name on everybody’s lips. China’s second largest property developer is struggling to service debts of up to US$300 billion. With Evergrande in a trading halt and on the verge of collapse, there's a broader question to ask about what this means for Australia. Australian iron ore has helped build the Chinese property market which has been the engine of their economic growth. If the Chinese economy suffers a slowdown, will this impact Australian exports? What should the trading relationship between these two countries look like?
Guests:
853 Listeners
15 Listeners