A Threat to Chinas Economy

Published: Oct. 25, 2021, 9:55 a.m.

b'Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.\\n\\nEvergrande has the distinction of being the world\\u2019s most debt-saddled property developer and has been on life support for months. A steady drumbeat of bad news in recent weeks has accelerated what many experts warn is inevitable: failure.\\n\\nBut will the government let the company fail? And what would happen if it did?\\n\\nGuest: Alexandra Stevenson, a business correspondent based in Hong Kong covering Chinese corporate giants.'