Home groan: China’s housing-sector crisis

About this episode

<p>Once again, fears are ripping through the industry—this time starting from a firm once thought too big to fail. In an economy so dependent on housebuilding, that will have <a href="https://www.economist.com/finance-and-economics/2023/08/16/how-bad-could-chinas-property-crisis-get?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">wide-ranging consequences</a>. We take a ride in one of the autonomous taxis that have flooded onto San Francisco’s streets (10:22). And crunching the numbers on Antarctica’s worrisome <a href="https://www.economist.com/graphic-detail/2023/08/02/the-rapid-loss-of-antarctic-sea-ice-brings-grim-scenarios-into-view?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">dearth</a> of sea ice (19:40). </p><br><p>For full access to print, digital and audio editions of <em>The Economist</em>, try a free 30-day digital subscription by going to <a href="https://www.economist.com/intelligenceoffer" rel="noopener noreferrer" target="_blank">www.economist.com/intelligenceoffer</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>