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Markets with Madison: China’s property crisis


Goldman Sachs researchers estimate China’s total property debt was 48 per cent of GDP at the end of last year, worth US$8.4 trillion. Their chief economist explains how it could cause a “significant negative income shock” for some New Zealanders. Video / NZ Herald

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Iconic Cardrona Hotel up for sale
Herald NOW

Iconic Cardrona Hotel up for sale

One of New Zealand’s most iconic buildings – the Cardrona Hotel – is on the market for the first time in more than a decade. Ryan Bridge speaks to co-owner Kade Thornton.