Logo 18 Oct 2021

PBoC breaks silence on Evergrande

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Much to investors’ consternation, financial regulators have stayed silent on Evergrande’s problems – until now.
On Friday, Zou Lan, the director of the central bank (PBoC) financial markets department, discussed Evergrande at some length at the bank's Q3 press conference.
The way Zou sees it, Evergr...