Evergrande Crisis
T he crisis engulfing Evergrande Chinas second-biggest property company is the greatest test yet of President Xi Jinpings effort to. El-Erian says Evergrande crisis is shaking faith in whether China is still an investable market Jim Chanos sees China as a terrible place for US.
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Evergrandes problems intensified last year when China introduced rules to rein in the borrowing costs of developers.
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