Evergrande saga raises questions over global stability

Evergrande saga raises questions over global stability

Thursday 7 October 2021 – Vol.12 Ed.40.4

Commentary: Renminbi must depreciate following Evergrande fallout

By Freya Beamish in London

The collapse of Lehman Brothers helped trigger the global financial crisis. Evergrande is not a Lehman moment. But the web around Evergrande and other developers is complex, with holders of property assets peppered across the economy. Preventing distress from spreading will be difficult and decisive early action...

https://allaboutshipping.co.uk/2021/10/07/evergrande-saga-raises-questions-over-global-stability/

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