Evergrande won’t be Lehman but still be a shock: China will likely clean up real estate, not do a bailout. That will affect Chinese & world economy

Nilesh Shah and Pankaj Tibrewal The world’s most indebted property developer, China’s Evergrande, is in a $305 billion trouble. Markets and analysts are worried that this is Lehman Bros moment for China. But the issue...

from Times of India Opinion https://ift.tt/3kDJkz3