ABC News (Australia) published this video item, entitled “Collapse of Chinese property developer Evergrande could be ‘Lehman Brothers moment’ | The World” – below is their description.
Rare protests have erupted in China as the massive property developer Evergrande teeters on the brink of collapse.
Mattie Bekink, China Director at the Economist Corporate Network says the Chinese Government is hoping to avoid a catastrophic collapse which would affect hundreds of projects and housing developments.ABC News (Australia) YouTube Channel
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