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Evergrande: To Save or Not to Save? Is China’s Financial Crisis Coming?
#Evergrande #ChinaHousingBubble #DebtCrisis
“To be, or not to be, that is the question” for Prince Hamlet. “To save or not to save Evergrande”, that is the question for the Chinese government, or, rather, the Chinese Communist Party, the CCP. What is Evergrande? Why is “to save or not to save” become “the question” for the CCP? Is Evergrande’s situation an indication of a looming financial crisis in China? What if the bubble bursts? Today, let’s discuss these issues.
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