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Nov 9, 2021

Trouble in China’s property sector could bleed over to the United States

From the BBC World Service: That warning comes from the Federal Reserve’s latest financial stability report. So what risk do China’s property woes pose to the global economy? Plus, Australia’s plan to spend $130 million on electric-vehicle charging stations is panned by critics. And, the people smugglers in Afghanistan who say business has nearly doubled since the Taliban takeover in August.

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The troubled Chinese property giant Evergrande needs to make overdue interest payments this week.
The troubled Chinese property giant Evergrande needs to make overdue interest payments this week.
Noel Celis/AFP via Getty Images

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