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Marketmind: Forget China's overbuilding fallout - it's jobs, jobs and Fed

The court-ordered liquidation of debt-laden China Evergrande was expected and hardly rattled Asian investors aside from its bond holders and property developers, meaning Japan's employment data Tuesday and the midweek U.S. Federal Reserve policy statement could be better attention grabbers. China's blue-chip CSI300 Index and the Shanghai Composite Index took the Evergrande news in stride, both dropping 0.9% on Monday.
Hong Kong Deepa Babington Alden Bentley China Evergrande Shanghai Composite Index Hang Seng Index
Source: yahoo.com

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