Evergrande: China’s “Lehman” moment?
Distraught investors. Unfinished apartment units. Looming bond defaults. Evergrande, China’s second-largest property developer is in dire straits. Could its imminent collapse trigger wider, systemic tremors across China’s financial system? How did the developer trundle on for years under massive debt loads, only to collapse this year? And what do the regulatory winds which brought about its demise portend about the property sector, which had enriched so many? Join us on Monday morning, September 27 for an online chat with Bo Zhuang.
About the speaker: Bo Zhuang is China economist and strategist and based in Singapore for the US investment firm Loomis Sayles. He directs thematic research on China’s impact on the global market and macroeconomy. Before joining Loomis Sayles in 2021, Bo was chief China economist at TS Lombard. He has spent 14 years on the sell-side in London, Beijing and Singapore – working closely with institutional clients, visiting policymakers, and media.