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Odd Lots — Michael Pettis on What Evergrande Means for China’s Macro Economy
Not scored yet51m·2021-10-11·Money

Michael Pettis on What Evergrande Means for China’s Macro Economy

Odd Lots

The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. What will be the impact on creditors or people who have put down payments on homes that haven't been built yet? And what will the ripple effects be on other credits? In addition to the financial fallout, there's also a…

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