“ But it’s not systemic in a sense that I can put my finger on.” Chinese regulators have yet to say what Beijing might do....
But despite that, plus uncertainty about how much banks and individual buyers of Evergrande’s bonds might lose, stock markets appeared to recover from anxiety that caused Chinese stocks to tumble on Monday. China’s benchmark Shanghai Composite Index closed 0.4% higher on Thursday....
But it doesn’t want to appear to organize a bailout while it tries to force others to c
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2021-09-23 00:00:00.0