5min chapter

Odd Lots cover image

Understanding Evergrande, the Chinese Real Estate Conglomerate That’s Nearing Collapse

Odd Lots

CHAPTER

Too Big to Fail

There is this perception that, at least for many companies, either they are state owned or highly state affiliated. And that means it's very difficult to bet on their demise. Can you talk a little bit about the gradations of too big to fail and how much that's worth to various companies?

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