filmov
tv
Collapse of China property giant to impact Australia's biggest export | ABC News
Показать описание
There are fears the collapse of one of China's biggest property companies could spark wider turmoil in the world's second largest economy.
Investors are urging China's government to step in the save Evergrande, a giant conglomerate that's over $400 billion in debt.
If the company collapses, the reduction in construction would also reduce demand for iron ore, pushing the price of Australia's biggest export even lower.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
Investors are urging China's government to step in the save Evergrande, a giant conglomerate that's over $400 billion in debt.
If the company collapses, the reduction in construction would also reduce demand for iron ore, pushing the price of Australia's biggest export even lower.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
0:02:14
0:05:05
0:03:41
0:12:58
0:21:39
0:12:31
0:02:39
0:10:00
0:22:24
0:06:36
0:09:19
0:08:59
0:06:15
0:08:17
0:09:18
0:07:01
0:02:22
0:39:51
0:12:41
0:00:54
0:09:43
0:10:46
0:02:50
0:04:06