China Property Giant Evergrande Default Imminent Fitch Warns in Downgrade

16 Sep '21 at 8:35 am #27070
ThePitBoss
Participant

Before Evergrande #China was shaking

“PBC stress tests at the end of 2020 also indicated that some medium and large banks could fall short of
minimum capital requirements even under ‘mild’ scenarios (PBC 2020)” – RBA Update