”There Will Be No Bailout” - Evergrande Contagion Spreads As China Verges On Crisis
Today we dig back into the growing real estate crisis in China stemming from financial failures from big Chinese firms like Evergrande Group. We look at the growing contagion, declining economic data, US risk implications and more. We look at China's response to inject liquidity and discuss potential actions that authorities will take as the crisis develops.
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