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Evergrande fall shows how Xi has created a China crisis


BloombergOpinion/Niall Ferguson

Repost from 9-30-2021

“The developer’s collapse isn’t leading to global contagion, but China’s looming economic disaster might.”

USAGOLD note: Ferguson makes the same point we did last week that Evergrande is symptomatic of a much wider problem in China – only he does so in considerable detail and with copious references. Another important and highly readable analysis from a master historian.

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