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The prospect of a default by Evergrande, China's second-largest real estate business, on debt of more than $300 billion has sent Chinese and Hong Kong markets into a tailspin. It's affecting Indian stocks as well. Watch this video to see why equities are still down after Evergrande Group's financial problem.
in this video you will see Evergrande crises in details, how evergrande crisis happen and what will be impact of this on china's economy.
how Xi Jinping's ideological push is behind it as Evergrande, China's largest real estate business, falls. To fuel his political ambitions, he uses a heady mix of nationalism, populism, and dogma.
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