Evergrande could be the next Lehman Brothers
The Chinese economy begins to be questioned. Its impact on global growth that it has helped fuel for more than 20 years is now hampered by electricity shortages and a major real estate crisis. The difficulties of the real estate sector in China triggered by the problems of the giant Evergrande could pose risks to […]
High Impact of the Week: Canada GDP and US Production
The week will continue with fears of an Evergrande collapse that could cause financial contagion and slow the growth of the Chinese economy. That concern eased after the developer agreed to settle some local note interest payments, but the problem is far from over with holders of dollar bonds that have yet to receive a […]