To comprehend the scale of the collapse of Evergrande, the largest property and Real Estate group in China, you need to combine the failures of Fannie Mae, Freddie Mac and Lehman brothers in the GFC in 2008.
It’s not possible to assess the impact upon global financial markets at this stage but this commentary from Franklin Templeton provides an insight into the possible risks ahead.
Artemas Wealth Management
Level 8,
1 Castlereagh Street,
Sydney NSW 2000
