Chinese real estate company Evergrande filed for bankruptcy protection in the United States.
Companies covering 40 percent of Chinese home sales have defaulted.
Flooding continues in Southern China. Torrents washed people away and streets turned into rivers.
President Joe Biden is hosting two treaty allies Japan and South Korea Friday—a first standalone summit between the three powers. What message is it sending to China?
Topics in this episode:
1. China’s Evergrande Files for Bankruptcy in NY Court
2. Dead Man Walking: Brian Mccarthy on Evergrande
3. Chinese Developer Country Garden Facing Debt Crisis
4. Flooding Continues in Southern China
5. Biden hosts Japan, S. Korea at camp David
6. U.S. Judge Won’t Block Florida Law Barring Chinese Citizens from Owning Homes
7. Investors Dump Chinese Stocks, Lowest Foreign Investment in 2 Decades
8. China Censors News of Plunging Fertility Rate
9. BRICS Summit: Can They Take Over U.S.?
10. ‘Tectonic Shift in Global Economy’, Anders Corr on China’s Economic Woes