CHINA Property Market Starts to Collapse as Evergrande is Forced into Liquidation by Hong Kong Court

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 has over $300 BILLION of debt and has now been forced into LIQUIDATION by a Hong Kong Court. This court ruling has now set a precedent for other Chinese Property Developers and is very bad news for the Chinese Property Sector and the Economy. In this video I provide more details of the current situation, discuss the liquidation process and look at 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 3:05 LIQUIDATION 6:02 EVERGRANDE STRUCTURE 9:50 RECOVERY PROCESS 14:07 IMPLICATIONS 16:54 SUMMARY & CONCLUSION #china #zhongzhi #globalrecession #inflation #technology #wheat #interestrates #india #Belt&Road #globalrecession #globalfinancialcrisis #russia #Evergrande #China #Recession #Zhenro #Bonds