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FRANCE24

Evergrande worries global investors 'sheerly because of its size' • FRANCE 24 English

FRANCE24, 22 Sep 2021
The impending collapse of Chinese property giant Evergrande is worrying investors around the globe 'sheerly because of its size,' according to Oanda's Chief Market Analyst Craig Erlam. If the firm does default on its $300 billion debt load, the ramifications could spread beyond the region. Erlam says that the Chinese government has a delicate balance to tread, as it decides whether to offer a rescue package. 

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