Crunch time for Evergrande, but no 'Lehman moment'

Hong Kong (AFP) Sept 21, 2021

With the future of Evergrande hanging in the balance, global markets have plunged on fears that one of China's biggest developers could collapse and cause a contagion throughout the world's number two economy and beyond. Talk of a "Lehman moment" has rung loud this week as worried investors try to ascertain whether the crisis could be a replay of the bankruptcy of Wall Street titan Lehman Br