SHANGHAI -The spillover effect of China Evergrande Group s debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis. | October 15, 2021
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Shares and bonds of Chinese real estate companies slid on Thursday, reflecting uncertainty about how a debt crisis will play out at China Evergrande Group and the wider property sector as another developer was hit by a rating downgrade.