INSIGHTS: Evergrande Collapse – China now vs U.S. GFC

The will-they won’t-they speculation of Evergrande is over, with a Hong Kong Court finally ordering the group to liquidate as creditors were unable to reach a restructuring deal. With $300 billion dollars in debt, the equivalent of nearly 2% of the Chinese economy it was expected (maybe hoped) the Chinese Government would jump in and save the group...

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