Institutional Real Estate Asia Pacific

November 1, 2021: Vol. 13, Number 10

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From the Current Issue

Asia Pacific

Evergrande’s less-than-grand effect at home and abroad

As the saying goes, “History doesn’t repeat, it rhymes.” Thirteen years ago, the collapse of Lehman Bros in the United States sent shockwaves throughout the global financial system. In late September, those same markets were roiled amid growing concern China Evergrande Group — one of China’s largest property developers — would default on its massive US$300 billion in debt.

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