Bloomberg (October 13)
2021/ 10/ 14 by jd in Global News
“The vital question for many investors has been whether the problems for speculative real estate will cause broader contagion, either through cascading losses in the financial system or through economic weakness.” The former remains unlikely, but “the second — an economic slowdown of which Evergrande is both a cause and a symptom — grows more likely with time.”
Tags: Cascading, Contagion, Economic weakness, Evergrande, Financial system, Investors, Losses, Real estate, Slowdown, Speculative, Vital
