China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beijing is weighing the risk of spreading contagion. The BBC's Stephen McDonnell tells us about the property boom in China while Sara Hsu, a Visiting Scholar at Fudan University, tells us that the sheer size of the company is a worry. China watcher George Magnus, Research associate at Oxford University's China Centre, and at SOAS appraises the wider ramifications of the Chinese property bubble being deflated for both China and the rest of the world.
(Image: Evergrande's HQ; Image credit: Reuters)
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Folge vom 30.09.2021Evergrande and China's property woes
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Folge vom 29.09.2021Inside an influencer houseWe’re off to an influencer house, a luxurious mansion where social media personalities are temporarily living together to create content on behalf of a plant-based food brand. It’s a new way of advertising with big budgets and big personalities, but is it money well spent? Elizabeth Hotson hangs out by the ridiculously photogenic lily pond with content creators Jessica Hickey and Ella Blake; Ashley Morton and Oli Paterson explain how and why social media content succeeds - or fails - on Tik Tok and Instagram, and Morgan M-James nearly burns down the kitchen with his innovative plant based creation. Plus, we hear how Tik Tok comedy duo Ylwsqr, aka Bec Horsley and Sam Bartrop, are already planning their next move into the media industry and James Brooks from social media marketing company, Team Brooks explains how the content created by the housemates will be used. And Simon Day, co-creator of the Squeaky Bean brand, explains why he's taking the plunge on the project. Produced and presented by Elizabeth HotsonPhoto of Morgan M-James in the Squeaky House kitchen. Photo by Elizabeth Hotson
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Folge vom 28.09.2021Decentralised Finance on the riseRegulators are taking a close look at new crypto-trading environments, known collectively as Decentralised Finance, or DeFi. advocates say the technologies underlying DeFi offer an inclusive and democratic approach to finance, while critics say it is a potential hotbed for money laundering, terrorist financing and other criminal activity. The BBC's Ed Butler dives into the world of DeFi, speaking with Laura Shin, crypto journalist and host of the Unchained podcast, to hear about DeFi, and the kinds of entrepreneurs attracted to it. We also hear from Miller Whitehouse-Levine from the DeFi Education Fund, who argues the potential benefits of DeFi, and digital forensics expert Paul Sibenik of CipherBlade explains what tools are out there for tracking criminal activity across dentralised finance platforms. And veteran crypto investor Jamie Burke of Outlier Ventures explains why he has got so much of his own portfolio in DeFi.(Picture credit: Getty Images)
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Folge vom 27.09.2021Climate weighs on German electionsThe fight to succeed popular German chancellor Angela Merkel could not be tighter. In late July the country’s climate policies shot to the top of the political agenda in the wake of devastating, and deadly, floods across western Germany. The BBC’s Victoria Craig and Stephen Ryan travelled to one of the hardest-hit towns, Bad Neuenahr-Ahrweiler, to see how the locals are trying to recover. Local shop-owner Martina Kleinow says she and many others are still waiting for financial support to rebuild, while Anne Gluck of the regional chamber of commerce, explains the myriad challenges businesses face. Elsewhere in the country, we’ll hear about projects to build better resilience against climate events. Ulrich Lemke leads a port revitalization project at Offenbach am Main, and explains how public works can better account for neighbouring waterways, while Gerhard Hauber of the engineering consultancy Ramboll, explains how coordination is the key to building true resilience.Producers: Stephen Ryan, Philippa Goodrich.(Photo: The bank of the river Ahr, in Bad Neuenahr-Ahrweiler, Rhineland-Palatinate, Germany. Credit: Victoria Craig /BBC)