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Mohamed El-Erian says Evergrande crisis is shaking faith in whether China is still an investable market NewsBreak

The crisis surrounding indebted Chinese property giant Evergrande is rattling faith in the country’s global investment story, Mohamed El-Erian, chief economic advisor at Allianz, said Monday. The comments come as Evergrande, China’s second-largest property developer by sales, is on the brink of collapse under a crushing debt of $300 billion.…

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