Evergrande blowup hits stocks with little link to China
The chain reaction to the Chinese property owner's woes may say more about the extreme attitude of global risk assets than it does about economic contagion.
A Chinese property owner implodes, and in short order the shares of American social media and auction companies are tumbling. The chain reaction may say more about the extreme altitude of global risk assets than it does about economic contagion.
While it doesn’t require excessive sleuthing t
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