Chinese property development giant Evergrande is not too big to fail

Chinese property development giant Evergrande is not too big to fail, the editor-in-chief of China’s state-run Global Times said. Chinese property development giant Evergrande is not too big to go bankrupt, the editor-in-chief of China’s state-run Global Times said. This signals that neither the conglomerate nor investors should count on a bailout by the state. […]

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