Tag: China
Crises worldwide: UK’s energy emergency could become ‘apocalyptic’, and China’s Evergrande collapse looms
On this episode of Going Underground, we speak to Steven Redmayne, COO of UK energy company Green, about Britain’s energy crisis. He discusses its causes, including the UK’s lack of gas storage compared to other countries, and the wave of suppliers expected to collapse this winter, further consolidating market share for the biggest among them. …
Crosstalk: AUKUS vs China
We are told the new strategic alliance comprising the United States, the United Kingdom, and Australia is not directed against China. But of course it is. Washington has developed numerous alliances against Beijing, but AUKUS has a nuclear dimension. Tensions are rising in the Pacific, and no doubt China will react. …
China’s property bubble: Can Xi make it stop? (Full show)
The Evergrande Group, one of China’s top developers, owes too much money. Beijing has finally stepped in to stop their reckless borrowing, which could be a death knell for the company. China’s real estate boom involves millions of empty apartments owned by speculators, who can no longer be certain of rising property values. Beijing has adopted the maxim that “homes are for living in, not for speculation.” …
