Evergrande Liquidity Crisis Raises Risks for China & World Economy!!!

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Due to lack of liquidity, China's Evergrande Group, the world's largest indebted real estate developer, announced its inability to pay its due payments . In this video we answer the following:
1) Will China's Evergrande avoid default?
2) Will Chinese Gov bail out Evergrande?
3) What impact Evergrande debt may have on the global financial market?
4) Will Evergrande experience similar outcome to that of Lehman Brothers?

One thing is sure: Beijing will intervene only if there is a far-reaching contagion that causes many major developers to fail and poses risks to the overall economic system.

Links to article:
China Injects $18.6 Billion Into Banking System During Evergrande Crisis:
https://www.bloomberg.com/news/articl...

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