22 September 2021 1 Min Read
NEWS LEADER
WATCH: Evergrande crisis ensnares global markets
Business Day TV discusses the Evergrande crisis with Oanda senior market analyst Craig Erlam
in Companies by Busines Day TV
The China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Monday, September 20 2021. Picture:: KYLE LAM/BLOOMBERG
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A financial crisis at Chinese property developer Evergrande has shaken global markets, and some analysts say this could have a ripple effect on the global economy, as the company’s total debt amounts to 2% of China’s GDP.
Alishia Seckam discusses the Evergrande crisis with Oanda senior market analyst Craig Erlam
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