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Evergrande fears linger, China outlaws crypto transactions, and a busy political weekend.

The People’s Bank of China has pumped a net 460 billion yuan ($71 billion) of short-term cash into the banking system in the past five working days as policymakers seek to avoid contagion from China Evergrande Group’s problems. The indebted developer’s stock and bonds fell again, following a rally yesterday, as investors wait for any sign of a payment of the interest due yesterday. The company has a 30-day grace period before a default would be declared. While authorities in China are trying to contain any possible fallout, this morning European Central Bank President Christine Lagarde echoed comments from Federal Reserve Chair Jerome Powell, saying European banks are not exposed to the company.