People's Bank of China (PBOC) governor Yi Gang. Photo: Reuters
People's Bank of China (PBOC) governor Yi Gang. Photo: Reuters

China can ‘contain’ economic, financial risks posed by Evergrande crisis, central bank chief says

  • People’s Bank of China (PBOC) governor Yi Gang admits the struggles of China Evergrande Group ‘casts a little bit of concern’
  • Fears about a fast-spreading contagion in the US$5 trillion property sector have sparked a sell off of bonds from Chinese developers

Topic |   Evergrande crisis
People's Bank of China (PBOC) governor Yi Gang. Photo: Reuters
People's Bank of China (PBOC) governor Yi Gang. Photo: Reuters
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