The homes stretch: Evergrande
The Intelligence from The Economist
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Will the Government Bail Evergrand Out?
Many analysts expect the same problem that evergrand is facing to play out at other developers. By one count there are one point four million individual properties that have been paid for but not delivered yet. It's a big chunk of economic activity with a question mark over it. If they don't miss the payments this week, it's almost inevitable that they will mis payments at some point in the future.
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