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China in the spotlight: what markets should look at
Friday 24 September 2021
Investment Talks, Amundi Institute
Over the past weeks, financial markets have been shaken by the Evergrande saga – China’s second-largest property developer – which is facing difficulties in servicing its huge debt pile (it needs to repay some $7.4bn of bonds maturing in 2022). This has hit global financial markets, with equity valuations down and higher volatility (the VIX index hit an intraday high of 28.8 on 20 September 2021).
Investment Talks - Evergrande: not a systemic risk, but an area of attention.