ABC News (Australia) published this video item, entitled “China plays down fears of widening financial crisis as Evergrande deadline looms | The World” – below is their description.
Chinese property giant Evergrande is struggling to avoid defaulting on debts of more than $500bn as an October deadline looms. With the company’s fate looking increasingly bleak, fears are mounting of a wider crisis in the sector, unless the Chinese government decides to step in at the last minute. Mattie Bekink, China director with the Economist Corporate Network, speaks to The World’s Beverley O’Connor.ABC News (Australia) YouTube Channel
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