
The homes stretch: Evergrande
The Intelligence from The Economist
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Introduction
Investors are staging protests at the offices of China's second largest property developer. Leftevergrand has more debt than any property developer in the world, 300 billion dollars worth. It got dangerous when china'se government imposed new rules and just how much debt property companies could carry. And let me tell you something about television news. Sometimes those presenters really are wearing shorts under the desk.
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