6 min

Chinese Real Estate Developer 'Evergrande Group' in a Liquidity Crisis English for Economists | Economic News and English Expressions

    • Language Learning

Real Estate: Houses or buildings

Liability: In this story, liability is debt.

Onshore and Offshore: Inside a country and outside of the country

Liquidity Crisis: A lack of cash or liquid assets

Contagion: The spreading of something negative, like fear, or an illness.

Demolish: To knockdown, or tear down, a building.

Real Estate: Houses or buildings

Liability: In this story, liability is debt.

Onshore and Offshore: Inside a country and outside of the country

Liquidity Crisis: A lack of cash or liquid assets

Contagion: The spreading of something negative, like fear, or an illness.

Demolish: To knockdown, or tear down, a building.

6 min