Evergrande | potential

Evergrande potential collapse poses immense risk for China’s financial stability and growth – Katzenellenbogen

China’s second largest property developer, Evergrande, is on the brink of collapse. This poses great risks for China’s financial growth and stability. But as Jonathan Katzenellenbogen notes, even if the property developer is bailed out, this will test China’s ability to manage a crisis of these proportions. “Whether or not the government chooses to bail…