Business
Why Australia should be worried about China Evergrande’s fate – The Australian Financial Review
There are fears that a collapse of Evergrande would further reduce demand for iron ore, given that China’s construction industry…
The general consensus is that the importance of housing to Chinas economy means that Beijing simply wont permit a property developer the size of Evergrande to suffer the same fate as other heavily leveraged Chinese conglomerates that have collapsed in recent…
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