Wall Street joins global sell-off as Evergrande crisis intensifies
Market jitters come as payment deadline looms for debt-laden Chinese property developer
Market jitters come as payment deadline looms for debt-laden Chinese property developer
China is a managed market economy. The powers in Beijing will not let any one single company affect the economy and will pull all stops to manage it the best way out.
So, I think this is just Western hysteria at its best.