A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen on September 26, 2021. Photo: Reuters
A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen on September 26, 2021. Photo: Reuters

Evergrande: US fund unimpressed as China treats credit distress, bond defaults with kid gloves

  • Authorities are keen to avoid dislocations in the economy, as evidenced by the fact Evergrande, Huarong are ‘being treated with kid gloves’
  • More efforts are needed to establish a transparent and reliable default mechanism in China’s bond market, US fund manager says

Topic |   China Evergrande Group
A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen on September 26, 2021. Photo: Reuters
A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen on September 26, 2021. Photo: Reuters
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