Description
Added on the 12/04/2016 18:40:09 - Copyright : Reuters EN
Hong Kong, Sep 14 (EFE / EPA).- (Camera: Jerome Favre) The Chinese real estate giant Evergrande, whose debt amounts to 305,000 million dollars, warned on Tuesday of the risk of entering an insolvency process due to two of its subsidiaries, which caused a new collapse of its shares and increased fears that its fall could have consequences for the banking system.FOOTAGE OF THE EVERGRANDE BUILDING IN HONG KONG.
Beijing (China), Sep 14 (EFE / EPA) .- (Camera: Wu Hong) .- The Chinese real estate giant Evergrande, whose debt amounts to 305,000 million dollars, warned today of the risk of entering an insolvency process due to the fault of two of its subsidiaries, which caused a new collapse in its shares and increased fears that its fall could have consequences for the banking system.FOOTAGE OF THE EVERGRANDE BUILDING IN BEIJING, CHINA.
The IMF says while the US economy is expected to grow slightly faster this year, it will be overshadowed by material risks including damage from the China trade conflict. SOUNDBITE
Treasury analysis has forecast a possible year long recession for the UK if voters choose to leave the EU. As Jacob Greaves reports, it's the latest government backed report to claim a Brexit would damage Britian's economy.
IMF chief Kristalina Georgieva warns that if central banks move too aggressively to tamp down price pressures, it could trigger a "prolonged" economic downturn. SOUNDBITE
|
Support : Technical 
- Content 
- Editors 
