EGRNF - Evergrande And China: A Lehman Moment-Or Less 'Grande' Than That?

• With respect to the evolving Evergrande situation in China, our Franklin Templeton Investment Solutions team addresses two main questions: could this be a “Lehman moment,” and what are the global implications of a Chinese property market slowdown?
• It is a re-election next year for President Xi, which provides extra motivation to exert as much power as needed to make sure any Evergrande asset sales go smoothly.
• As we think about the outlook for China and its impact on the global economy, the recent meaningful regulatory shift we’ve seen this year across a number of industries (for “common- prosperity”) deserves keen focus.

For further details see: