A Search for 2008 In Evergrande Is Fruitless

A Search for 2008 In Evergrande Is Fruitless
(AP Photo/Andy Wong)
US stocks sold off last Monday due to fears over the potential - likely - failure of China Evergrande, a real estate developer that has suddenly discovered the perils of leverage. Well that and the perils of being in an industry not currently favored by Xi Jinping. He has declared that houses are
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