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The Evergrande collapse is not Chinas Lehman moment, but it does complicate an economic recovery, think tank says : comparemela.com
The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says
"Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of leverage, not over-securitization."
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