Business
China faces major test in trying to contain Evergrande crisis – The Australian Financial Review
As Evergrande’s crisis ripples through China’s property market and broader economy, it will be difficult to prevent contagion…
This, it said, is an indication that China has its own set of priorities and maintains the focus on deflating the real estate bubble and reducing risks.
Of course, the last thing that Evergrandes foreign bondholders want to be reminded of is Beijings commitment…
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