Bargain Hunters in China Are Facing Setbacks. Here Are the Latest Pain Points. - Capital Economics

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Bargain Hunters in China Are Facing Setbacks. Here Are the Latest Pain Points.

13 September, 2021Barron’s

Though markets seem relatively unperturbed by the company’s financial distress, a collapse would be “the biggest test that China’s financial system has faced in years,” wrote Capital Economics’ chief Asia economist Mark Williams. He expects the central bank to step in if it appears Evergrande’s troubles could put other companies—and potentially the economy—at risk.

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