Evergrande Defaults & Can the Romance Between Wall Street and the CCP Last?

Recently the news of the world’s largest asset manager BlackRock launching mutual funds in China, and billionaire investor George Soros’ sharp criticism of BlackRock has drawn a lot of attention. Today I’d like to talk about this issue, and how we should look at the relationship between Wall Street and the CCP. I will also give a brief update of the situation with China’s largest real estate developer Evergrande’s defaulting problem.
#WallStreet #Evergrande #BlackRock
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