Evergrande’s headquarters in Shenzhen. Photo: AFP Evergrande’s headquarters in Shenzhen. Photo: AFP
Evergrande’s headquarters in Shenzhen. Photo: AFP

Default by China Evergrande unlikely to spark malaise that threatens China’s financial system, analysts say

  • Comparison to collapse of Lehman Brothers ‘far-fetched’, analysts say
  • Beijing not expected to take action, Evergrande hit to financial system ‘manageable’, S&P says

Topic |   Banking & finance
Evergrande’s headquarters in Shenzhen. Photo: AFP Evergrande’s headquarters in Shenzhen. Photo: AFP
Evergrande’s headquarters in Shenzhen. Photo: AFP
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