Evergrande Misses Two Debt Payments

The video discusses the potential for a 'Lehman moment' in China due to the debt system, focusing on the financial distress of Evergrande. It highlights the impact on banks, bondholders, and investors, with Evergrande facing significant bond payments. The situation raises concerns about contagion affecting other property developers, as Evergrande's struggles may lead to broader market difficulties.

What is the main concern regarding a 'Lehman moment' in China?

• The severity of the situation

• The nature of the debt system

• The role of the Chinese government

• The impact on global markets

How much interest payment is Evergrande due to make later this week?

• $670 million

• $119 million

• $7.5 billion

• $1 billion

What is the total amount Evergrande needs to pay by the end of the year?

• $7.5 billion

• $670 million

• $119 million

• $1 billion

What is a potential consequence of Evergrande's financial troubles on other property developers?

• Increased property prices

• Market contagion

• Easier fundraising

• Higher sales

How is Evergrande attempting to manage its properties amidst the crisis?

• By acquiring more properties

• By cutting prices significantly

• By increasing prices

• By halting sales