ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Hamdan bin ...
Read More »Evergrande crisis no Lehman moment for Chinese markets
Bloomberg For all the warnings earlier this year that China Evergrande Group’s debt crisis would become the country’s Lehman moment, the developer’s landmark payment failure is barely registering in local financial markets. The CSI 300 Index of stocks on Wednesday climbed to a six-week high, while Chinese junk dollar bonds rose 2 cents on the dollar, according to traders. The ...
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