Evergrande debt crisis continues

Business Matters

The embattled Chinese real estate firm Evergrande reaches the deadline for interest payments on its bonds – will Beijing step in to shore up the company? We speak to Sara Hsu, Associate Professor of Economics at the State University of New York. Erin Delmore is in Berlin to take us through the last days of campaigning in Germany’s general election, the vote will decide who replaces Angela Merkel after 16 years as Chancellor. Speakers at the UN General Assembly address the inequalities of Covid vaccine distribution around the world, America’s FDA withdraws nearly a million e-cigarettes from the market, and the European Commission wants all smart phones to have the same type of charging socket to cut down on waste, but will manufacturers go for it? Throughout the programme we’re joined by Robin Harding of the Financial Times and Hayley Woodin, editor of Business in Vancouver.

(Image: People walk past a residential building developed by Evergrande in Pudong district in Shanghai, Getty Images)