13 min
Alicia Garcia-Herrero: Can China's Markets Remain Evergrande? China Business Brief
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- Business
What is going on with China's Evergrande Group? The property giant has dominated the headlines of late, with many analysts drawing comparisons with America's Lehman Brothers - the implication being that the company's demise could lurch the global economy into a crash.
Joining the China Business Brief this week is Alicia Garcia-Herrero (Chief Economist for the Asia-Pacific at Natixis) to explain why analysts would be better comparing Evergrande's circumstances with those of Enron, the means through which the Chinese government can prevent the real estate market from contaminating other industries, and how foreign investors should react.
But how did the company get into this position? Is Evergrande the latest victim of Common Prosperity? And how should foreign investors view the health of the China market in the wake of the tech crackdowns and Evergrande's fall from grace?
To read more on Evergrande's predicament, head over to the CBBC Focus Magazine website, where the CBBC's Policy Analyst - and host of the China Business Brief - Joe Cash has written on what the collapse of Evergrande might mean for British banks: https://focus.cbbc.org/what-would-the-collapse-of-evergrande-mean-for-british-banks/
The views expressed in the China Business Brief podcast are those of invited contributors and not necessarily those of the China-Britain Business Council (CBBC). We do not accept any liability if the podcast is used for an alternative purpose from which it is intended, nor to any third party in respect of this podcast.
What is going on with China's Evergrande Group? The property giant has dominated the headlines of late, with many analysts drawing comparisons with America's Lehman Brothers - the implication being that the company's demise could lurch the global economy into a crash.
Joining the China Business Brief this week is Alicia Garcia-Herrero (Chief Economist for the Asia-Pacific at Natixis) to explain why analysts would be better comparing Evergrande's circumstances with those of Enron, the means through which the Chinese government can prevent the real estate market from contaminating other industries, and how foreign investors should react.
But how did the company get into this position? Is Evergrande the latest victim of Common Prosperity? And how should foreign investors view the health of the China market in the wake of the tech crackdowns and Evergrande's fall from grace?
To read more on Evergrande's predicament, head over to the CBBC Focus Magazine website, where the CBBC's Policy Analyst - and host of the China Business Brief - Joe Cash has written on what the collapse of Evergrande might mean for British banks: https://focus.cbbc.org/what-would-the-collapse-of-evergrande-mean-for-british-banks/
The views expressed in the China Business Brief podcast are those of invited contributors and not necessarily those of the China-Britain Business Council (CBBC). We do not accept any liability if the podcast is used for an alternative purpose from which it is intended, nor to any third party in respect of this podcast.
13 min