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The Ultimate Contagion: China Sovereign Risk Is Starting To Blow Out

The Ultimate Contagion: China Sovereign Risk Is Starting To Blow Out

BY Tyler Durden | ZeroHedge “Something historic will happen this week” was how we started to explain the process by which the collapse of Evergrande could spread contagiously across the world this week. One glance at global markets this morning suggests, at a minimum, that risk is being de-grossed across everything from European utilities to cryptos to US materials stocks. […]