The world most indebted property company turned conglomerate, Evergrande is facing a debt pile of over US$300 billion with a serious cash crunch. Alfredo Montufar-Helu, Beijing Director, The Economist Intelligence Corporate Network tells us the backstory of how this happened and is the Chinese government going to save the day.

Image credit: hxdbzxy / Shutterstock.com

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Philip See

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Tags:  Evergande,  China,  Debt,  Outlook,  Performance,  Urban development,  Rural development,  Financial Services,  Government/Regulatory/Policy Making,  Property, Real Estate, Construction,  CEO/Business leaders,  Economy, Markets,  Property,  Politics, News, Current Affairs