China Steps Up Efforts to Ring-Fence Evergrande, Not Save It

As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders.

 

 

 

 

https://www.bloomberg.com/news/articles/2021-10-03/china-steps-up-efforts-to-ring-fence-evergrande-not-to-save-it?sref=PnLZeVWM