The fallout from the Evergrande crisis could be “far worse” for investors in China than the collapse of Lehman Brothers was for the US.
Short seller Jim Chanos said the real damage would come because Evergrande’s troubles pointed to the end of the property-driven growth model in the world’s second-largest economy.
He added that Evergrande was only notable because it was the biggest of a bunch.
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Including:
Retailer has vacated the store and moved to the Bullring
As his first solo venture launches, Schama wants to redefine hospitality advisory
Retention rate is significantly ahead of underwrite assumption
Suitor had been due to make offer or walk away by 5pm today
