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Vital Signs: Evergrande may survive, but for its executives expect a fate worse than debt – The Conversation AU
Chinese authorities have an intriguing, if troubling, option in handling the Evergrande crisis.
A large, financially interconnected company is on the verge of collapse, weighed down by massive debt. The government ponders a bailout. Theres no easy answer. Doing nothing risks serious financial upheaval. But bailing it out will signal that greed, irresponsibility…
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