Evergrande New Energy Auto

People walk by a map showing Evergrande development projects in China at an Evergrande new housing development in Beijing, Wednesday, Sept. 22, 2021.

China’s Evergrande crisis a ‘whole different situation’ than US’ 2008 housing collapse, analyst says

September 22, 2021Economics

Real estate giant Evergrande, which faces over $300 million in debt, says it will pay interest due Thursday to bondholders in China, but gave no sign of plans to pay on a separate bond abroad. Jeremy Goldkorn, editor-in-chief of SupChina, joined The World’s host Marco Werman to discuss the situation.