Developing Contagion: China’s Debt Bomb Is Ticking Faster And Evergrande Is Just Part Of A Much Bigger Problem…

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How China Evergrande’s Debt Troubles Pose a Systemic Risk

China Evergrande Group (3333.HK) 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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