{"id":122130,"date":"2021-09-21T16:30:43","date_gmt":"2021-09-21T09:30:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/default-by-china-evergrande-unlikely-to-spark-malaise-that-threatens-chinas-financial-system-analysts-say\/"},"modified":"2021-09-21T18:04:44","modified_gmt":"2021-09-21T11:04:44","slug":"default-by-china-evergrande-unlikely-to-spark-malaise-that-threatens-chinas-financial-system-analysts-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/default-by-china-evergrande-unlikely-to-spark-malaise-that-threatens-chinas-financial-system-analysts-say\/","title":{"rendered":"Default by China Evergrande unlikely to spark malaise that threatens China\u2019s financial system, analysts say"},"content":{"rendered":"


\nA highly anticipated default by China Evergrande Group as soon as this week is unlikely to spark a broader malaise that threatens the overall stability of China\u2019s financial system in the same way the collapse of investment bank Lehman Brothers did during the global financial crisis in 2008, according to research analysts.The world\u2019s most indebted property developer is supposed to make a series of interest payments on its debt beginning on Thursday, but S&P Global Ratings and other credit rating\u2026
\n
\nSource : South China Morning Post
\nRead more…Default by China Evergrande unlikely to spark malaise that threatens China\u2019s financial system, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A highly anticipated default by China Evergrande Group as soon as this week is unlikely...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122130","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vLQ","jetpack-related-posts":[{"id":114329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","url_meta":{"origin":122130,"position":0},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":122130,"position":1},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crackdown-why-surprise-victim-country-garden-could-be-worse-than-evergrande-for-the-economy\/","url_meta":{"origin":122130,"position":2},"title":"China property crackdown: why surprise victim Country Garden could be worse than Evergrande for the economy","date":"September 2, 2023","format":false,"excerpt":"\r In the first of a two-part series on the crisis surrounding Country Garden Holdings, we look at the developer\u2019s liquidity problems and why a default could inflict more damage on China\u2019s housing market than China Evergrande two years ago, particularly in third and fourth-tier cities.\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-a-third-of-chinas-developers-may-face-pressure-with-us84-billion-in-debt-maturing-by-end-of-2022-sp-warns\/","url_meta":{"origin":122130,"position":3},"title":"Evergrande crisis: a third of China\u2019s developers may face pressure with US$84 billion in debt maturing by end of 2022, S&P warns","date":"October 27, 2021","format":false,"excerpt":"\r A third of China\u2019s property developers could see their liquidity \u201cacutely strained\u201d in the worst case scenario as weaker sentiment and new government regulations weigh on their funding sources, with a \u201creal\u201d risk of default as some US$84 billion in debt is set to mature by the end of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122613,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-caused-by-poor-management-but-an-exception-in-healthy-property-market-central-bank-says\/","url_meta":{"origin":122130,"position":4},"title":"China Evergrande crisis caused by \u2018poor management\u2019, but an exception in healthy property market, central bank says","date":"October 15, 2021","format":false,"excerpt":"\r China\u2019s central bank for the first time on Friday lambasted property giant Evergrande Group for its \u201cpoor management\u201d, while saying the potential spillover effects to the financial system from a collapse of the developer are controllable.The comments from Zhou Lan, head of the financial department at the People\u2019s Bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-hit-by-a-us2-71-billion-stock-sell-off-threatens-to-sue-lender-as-debt-controversy-turns-ugly\/","url_meta":{"origin":122130,"position":5},"title":"China Evergrande, hit by a US$2.71 billion stock sell-off, threatens to sue lender as debt controversy turns ugly","date":"July 19, 2021","format":false,"excerpt":"\r China Evergrande has threatened to take legal action against a local bank after the lender froze some of its deposits onshore to recover a loan, highlighting another episode of market jitters and controversy surrounding the builder\u2019s creditworthiness.The Shenzhen-based developer, the nation\u2019s most-indebted by some yardsticks, is planning to sue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122130"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122130"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122130\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}