A Hong Kong court has ordered one of China's biggest property developers, Evergrande, to liquidate after it was unable to reach a restructuring deal with creditors. The liquidation could impact not only China's struggling property sector and economy, but Australia's too, as AJ Bell's Danni Hewson explains to The World's Beverley O'Connor.
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Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-01-29/evergrande-liquidation-may-derail-the-chinese-and-world-economy/103401420
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.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
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