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Business Matters: Turmoil in China’s property sector deepens

Turmoil in China’s property sector deepens

29/09/2023 GMT

BBC World Service - Business Matters, Turmoil in China’s property sector deepens

Trading in Evergrande shares suspended as company chairman placed under police watch.

Shares in the property company Evergrande were suspended from Hong Kong trading on Thursday as the company confirmed that its billionaire founder and chairman, Hui Ka Yan, has been detained on suspicion of criminal activity. Rahul Tandon looks at the latest developments and what might happen next.

Could the United Auto Workers in America reach a deal over strike action, or are they about to expand their action and call more strikes?  

And why after 25 years, Netflix is ending its DVD rental service, meaning there’ll be no more red envelopes being sent through the post for customers.

Presenter Rahul Tandon talks about these and other business stories with Karen Percy in Melbourne and Oliver Stuenkel Associate professor of International Relations at the Getulio Vargas Foundation in Sao Paulo.

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