@Qwinbie:
THE FALLS OF CHINA'S PROPERTY GIANTS $Evergrande(03333)$ These would have greater than we told effects on economic and financial impacts both domestically and globally. Some likely impacts include: 1. Financial Instability: If these companies (Example: Evergrande) default on their massive debts, it could lead to a systematic financial crisis within China’s banking and real estate sectors, potentially causing a ripple effect or systematic risk through the global financial system. The last thing we want to see is the Lehman’s Brother’s effect in year 2008. In my opinion, we may see a similar ripple effect coming. However, the reaction of Chinese regulators will be very crucial in determining if they can stir the ship into safety. If not treated with care, the domestic problem may escalate