China can ‘contain’ economic, financial risks posed by Evergrande crisis, central bank chief says

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China can ‘contain’ economic, financial risks posed by Evergrande crisis, central bank chief says

People’s Bank of China (PBOC) governor Yi Gang said authorities can contain risks posed to the Chinese economy and financial system from the struggles of China Evergrande Group.The property developer’s trouble “casts a little bit of concern,” Yi said at a virtual meeting of the Group of 30 on Sunday.“Overall…
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