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straitstimes - 27 days ago

How China Evergrande s debt troubles pose a systemic risk

September 23, 2021 10:26 AM

HONG KONG (REUTERS) - China Evergrande Group has raised fresh warnings of default risks, as it scrambles to raise funds to pay lenders and suppliers with regulators and financial markets worried that any crisis could ripple through China s banking system and trigger social unrest.


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