Evergrande: China’s developer crash & what it means for Australia (2021)

In recent months, mega Chinese property development company Evergrande has been sitting on the brink of collapse after failing to service debt of more than 400 billion AUD. Bonds guaranteed by Evergrande are at the edge of default. Whatever happens to Evergrande will have severe ramifications for #Australia in 3 ways.
#SnapshotChannel #China #Evergrande #property

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