Why does the downfall of China’s Evergrande matter?

CFR expert Brad Setser explains what the collapse of China’s second-largest property developer means for the country’s future economic growth. Subscribe to our channel: https://goo.gl/WCYsH7 The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, and publisher. Visit the CFR website: http://www.cfr.org Follow CFR on Twitter: http://www.twitter.com/cfr_org Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/