Where will the money come from?

Chinese property developer Evergrande is very deeply in debt. The Chinese government might urge government owned enterprises to purchase Evergrande's assets, but will that be enough? There are many practical and ethical issues related to solving the problem.

If the company collapses what will be the national and global consequences? Source: Source: Long Wei/Costfoto/Barcroft Media via Getty Images.

Dr Peter McCawley AM, is a visiting fellow in the Indonesia Project at ANU and former Dean of the Asian Development Bank. He explains to Sri Dean different possible outcomes and effects of the Evergrande debt crisis.

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Evergrande’s business interests include Guangzhou Evergrande FC. What might become of the team as Evergrande tries to repay its debts? Source: Source: Jack Tanner/Creative Commons