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Evergrande

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Chinese real estate company at center of debt crisis discussed as major geopolitical event and potential bailout situation

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"Chinese state media has said repeatedly that there won't be a bailout. Investment institutions think it'll be messy but won't cause a crash because they're sure of a bailout. Xi and co have been calling for the government to curb debt-ridden zombie state owned enterprises and yet here we are, with a"
Somebody tankiesplain Evergrande to me · u/revenant_fedora · ↑58 · 2021-09-20
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