Business

Evergrande collapse could be ‘worse’ than Lehman for China, according to man who predicted Enron collapse


The collapse of embattled Chinese property developer Evergrande Group could prove to be “far worse” for investors in China than a “Lehman-type situation,” according to Jim Chanos, the veteran short seller who predicted Enron’s collapse two decades ago. The collapse of Evergrande — which has amassed …

Read more @ www.foxbusiness.com

Back to top button