"Real estate accounts for more than 7% of the Chinese economy, and many analysts believe the Chinese government will eventually intervene in some capacity, even if a full bailout is unlikely." "they believe the hit to the financial system from Evergrande alone will still be "manageable.""
"Real estate accounts for more than 7% of the Chinese economy, and many analysts believe the Chinese government will eventually intervene in some capacity, even if a full bailout is unlikely." "they believe the hit to the financial system from Evergrande alone will still be "manageable.""
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Evergrande stock surges as debt deadline passes. It’s not in the clear yet | CNN Business
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