Episode details

World Service,14 Aug 2023,26 mins
China’s property giant share price plunge to a record low
World Business ReportAvailable for over a year
China's property developer giant, Country Garden, has seen its share price plunge to a record low today after it suspended trading on some key bonds. The company has become a symbol of China's struggling property sector. Workers at several natural gas plants in Australia will decide this week whether to go on strike in a row over pay and conditions. The owner of Facebook, WhatsApp and Instagram is set to be fined nearly $100,000 a day over alleged privacy breaches in Norway. (This aerial photo taken on August 14, 2023 shows a logo of China's developer Country Garden Holdings at a housing estate in Zhengzhou, in China's central Henan province. Picture Credit: Getty Images)
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