Will Beijing bail out one of China’s largest real estate developers or let it fail?

The World

China Evergrande Group is the second-largest property developer in China and it is in deep trouble. The real estate conglomerate is now nearly $300 billion in debt. The big question is this: Will the company default or will the Chinese government intervene to keep it from failing? Marco Werman explores the question with Jeremy Goldkorn, the editor-in-chief of SupChina, and co-founder of the Sinica Podcast. Goldkorn worked in China for 20 years as an editor and entrepreneur. 

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