Please Support The Channel: YouTube Membership - YouTube Super Thanks (click below) The Property Sector accounts for around 25% of the Chinese Economy and the rapid growth over the past 20 years was driven by Property Developers borrowing huge amounts of debt. EVERGRANDE which has over $300 BILLION of debt was forced into LIQUIDATION by a Hong Kong Court in January and now other developers including COUNTRY GARDEN are forcing similar court proceedings. In this video I provide more details of the current situation and discuss the potential impact on the Chinese Economy. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. Chapters: 0:00 Intro 3:35 COUNTRY GARDEN 8:48 VANKE 11:04 SHIMAO 13:41 MARKET DRIVERS 18:19 SUMMARY & CONCLUSION #china #evergrande #countrygarden #shimao #vanke #zhongzhi #globalrecession #inflation #technology #wheat #interestrates #india #Belt&Road #globalrecession #globalfinancialcrisis #russia #Evergrande #China #Recession #Zhenro #Bonds
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