China - #CNBC #CNBCTV Understanding Evergrande collapse contagion risk to global markets | CNBC Televison

23 September 2021

Jeff Moon, fmr. assistant USTR for China affairs, & Ben Harburg, MSA Capital managing partner join 'Squawk on the Street' to explain how China may deal with a potential Evergrande collapse and how foreign investment will be impacted. A liquidity crisis at a large Chinese property developer has shaken global markets, and strategists say it could send ripples across the global economy. But they also say the issue will likely be contained by the Chinese government before it wreaks damage in the banking system, and it is not expected to lead to a broader global financial contagion.

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