The media was swept up in old news late Friday when we saw this gem drop: Chinese central bank on Friday tried to sooth market concerns over debt woes at embattled China Evergrande Group and other property developers, saying the spillover effect for the banking system is controllable. Financial institutions’ risk appetite for the real
The post Chinese policymakers fight each other as property goes bust appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]