Neeraj Singh Manhas The optics of irate investors staging sit-in protests in various offices of Evergrande, one of China’s largest real estate firms, and clashes between demonstrators and law enforcement lent credence to the view that this was a major challenge to the Chinese Communist Party. Beijing may not want to waste a good crisis. With a burden of US $300 billion liabilities, the company has become one of the most indebted entities, decimating its credit rating and share price. […]
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