Sep 17th, 2021
Concerns Mount Over Evergrande’s Fate
Concerns are mounting over the fate of China Evergrande Group, while Beijing is facing pressure to intervene as signs of financial contagion increase. Shockwaves from the troubled developer are rippling through a supply chain that accounts for more than a quarter of Chinese economic output. Bloomberg’s Sofia Horta e Costa reports on “Bloomberg Markets: European Open.” (Source: Bloomberg)
