Evergrande: China faces ‘challenging trade-offs’ in addressing developer’s debt crisis, IMF says

//Evergrande: China faces ‘challenging trade-offs’ in addressing developer’s debt crisis, IMF says

Evergrande: China faces ‘challenging trade-offs’ in addressing developer’s debt crisis, IMF says

Beijing is facing “challenging trade-offs” as it seeks to address the crisis surrounding embattled developer China Evergrande Group and the pressure it is placing on the country’s property sector, according to the International Monetary Fund (IMF).As part of its Global Financial Stability Report released overnight, the IMF said China has the tools in place to contain and manage any potential financial stress associated with the potential collapse of Evergrande, the world’s most indebted…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-10-13T04:00:14+00:00 October 13th, 2021|Business|Comments Off on Evergrande: China faces ‘challenging trade-offs’ in addressing developer’s debt crisis, IMF says