Business

Evergrande is 'too big to fail', says analyst

Published on 17 Sep 2021 2:46:12 PM

Alicia Garcia-Herrero of Natixis says the Evergrande debt crisis could spill over to other developers and smaller banks in China.

China Evergrande Group, a prominent developer in China, is saddled with more than US$300bil in total liabilities and has been scrambling to raise funds to pay its lenders and suppliers.

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