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Fitch warns an Evergrande default may have broad China economic effects

September 15, 2021 12:57 PM

HONG KONG (REUTERS) – Rating agency Fitch said that numerous sectors could be exposed to heightened credit risk if China’s No.2 property developer Evergrande Group were to default, although the overall impact on the banking sector would be manageable.

Source : http://www.straitstimes.com/business/property/fitch-warns-an-evergrande-default-may-have-broad-china-economic-effects

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