#117 Will Australian Property Suffer from China's Evergrande Collapse?

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Wealthi Podcast

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Wealthi's UK Investment Specialist Christoper Hynes speaks with Co-founder Peter Esho to discuss Australia's impact following the fallout of Evergrande and China's economic slowdown.    Considering that a third of people in China have their savings invested into real estate, the collapse of Evergrande has the potential to create an economic crisis for China's government, the real estate sector, and its people.   Chris & Peter notes that Australia will feel a trickling wave of impact from China's economic fallout. Australia's reliance on the Chinese market for raw materials such as iron ore may increase Australia's price across construction, property, and raw materials.     Peter also shares the key learnings that every investor can take away from Evergrande's case study and the importance of managing debt risks. This episode is also available in audio format on Spotify, Apple, Google, and other popular podcasting apps. Get in touch with today's podcast guest.     Christopher Hynes  Linkedin - https://www.linkedin.com/in/hyneschris   Wealthi expats - https://expat.wealthi.com    Peter Esho  Linkedin - https://www.linkedin.com/in/peteresho  Peter's Substack - https://peteresho.com/p/evergrande-share-price-sinks-to-new   To learn more: Audio - https://anchor.fm/wealthi-expat Spotify - https://open.spotify.com/show/6koujI2GGP7pFySyMvKUgB Website - https://www.wealthi.com.au About Wealthi Expat - https://medium.com/wealthi/wealthi-opens-london-office-to-assist-aussie-expat-investors-f0a592889ba #investment #realestate #wealthi #podcast