This is why you should never invest in China. There is no transparency. Evergrande has descended into an every rumour debacle in which interest now run the show as Beijing dithers. Zero Hedge wraps it nicely: Update (0810ET): Piling on to the chaotic swings in Evergrande, Bloomberg reports that the embattled property developer’s electric-car unit has missed
The post Evergrande turns every rumour appeared first on MacroBusiness.
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