Standard Chartered weighs in on Evergrande - China will not allow it to become a systemic crisis

Author: Eamonn Sheridan | Category: News

Comments such as this from Standard Chartered have come earlier, this from later September:

Comments overnight from the firm's chief executive officer in an interview with Bloomberg Television. 

  • Chinese government won't allow the turbulence surrounding stricken property developer China Evergrande Group to turn into a systemic crisis
  • "This idea that this was something of a Lehman moment for China: I don't think China's frankly that dumb"

Here is the link to the Bloomberg piece for more (may be gated)  



Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose