Evergrande Feels Shadow Financing Squeeze
November 16, 2020
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2:44Now PlayingEvergrande Feels Shadow Financing Squeeze
YouTube Description
as posted by the channelNov.15 -- After narrowly avoiding a full-blown cash crunch, the indebted Chinese developer Evergrande Group is facing more funding problems as its main source of non-bank funding has dried up. Companies that provide trust financing are turning more cautious on Evergrande and regulators are stepping up oversight. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Markets: China Open.”
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