Evergrande: Could This Real Estate Group Spark A Chinese Financial Contagion? - 0 views
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John Kiff on 26 Jul 21"If not its beating heart, China Evergrande Group, with its countless development subsidiaries, is at least the distended central vein of the Chinese financial system. A voluminous channel through which flows so much of the capital with which the central government force-feeds the economy, the heavily indebted group is now seeing its shares slide and its assets frozen by regulators. The question: Will it finally fail?"