BFM Podcast

Contagion Concerns Over Country Garden Crisis

Tan KW
Publish date: Tue, 15 Aug 2023, 03:48 PM
Contagion Concerns Over Country Garden Crisis

15-Aug-23 07:30

Louise Loo, China Economist, Oxford Economics

Country Garden, one of the largest property developers in China, saw its shares plunge by more than 16 percent after it missed bond payments and warned of multibillion-dollar losses for the first half of the year. Louise Loo of Oxford Economics tells us what options are left for the builder to avoid collapse, and what this could mean for the broader Chinese economy.

Image by: Shutterstock

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