Does Evergrande Pose Broader Market Threats Outside China?
Real Vision: Finance & Investing
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Evergrand
Evergrand is a huge dollar borrower, and it's been clear for three years that these guys had an issue. The chinese financial system right now has never been more awash in dollar liquidity on shore. Is part of the answer to why there's no contagion; they're too flush with foreign currency.
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