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Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

Post author:MiamiCrypto
Post published:September 20, 2021
Post category:bloomberg China China real estate Chinese real estate credit contagion crypto economy Debt Ceiling Raise Default Default Risk economic economic slide Economics Economy Evergrande Evergrande Group Evergrande Real Estate Group gold Hong Kong Janet Yellen property markets in China Stocks Treasury Secretary Tyler Durden US Debt US Debt Ceiling ZeroHedge

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…