How to tell if the Evergrande crisis is spilling beyond China

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Worries surrounding debt-strapped property developer China Evergrande have put investors on guard for evidence that the crisis may be spilling over into broader markets. Evergrande, once China’s top-selling property developer, owes $305 billion, has run short of cash, and investors are worried a collapse could pose systemic risks to China’s financial system and reverberate around … Read more

For Xi Jinping and China Evergrande, a delicate balancing act

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The crisis at property giant China Evergrande Group poses a $305 billion conundrum for President Xi Jinping: how to impose financial discipline without fuelling social unrest. With one year before the Chinese president is poised to secure an unprecedented third five-year term, the stakes are high during what is proving to be the most consequential … Read more