Evergrande is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the real estate developer, with $300 billion in liabilities and links to myriad banks, have roiled global markets as investors assess the potential impact on the financial system and the broader economy. Yvonne Man and David Ingles take a deeper dive into the latest developments and explores what what lies ahead.
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Francisco Gimeno - BC Analyst There are already some special programs in different media houses about the evergrande Effect on the Chinese and global economy! What is going to happen and what are going to be the local and global effects on the economy and finance. We are waiting yet to see if the annual Autumn FUD economic mood translates into a real problem or this will be controlled by the Chinese. And if they will tackle the systematic failures issues in their financial system.