Business
Evergrande collapse: For Australia, the tremors will rumble on – The Australian Financial Review
The real estate giant’s problems will not trigger a financial crisis, but they show that China’s economy must change, and that…
Evergrande is not a bank, and Chinas banks can probably absorb the pressures. But Evergrandes downfall presages the economic restructuring China must inevitably undertake to shift away from too much debt-fuelled construction.
For a China-dependent Australian…
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