World waits for opaque Evergrande to default — or not

Send us Fan MailCapital markets around the world had to get up to speed quickly last week with Evergrande, the huge Chinese property developer teetering on the brink of default on $20bn of dollar bonds and some $280bn of other liabilities including renminbi bonds. In this week’s GlobalCapital podcast, GC Asia editor Rashmi Kumar and Latin American bonds reporter Olly West explore the possible outcomes, including a shock to China’s ultra-important property sector, to confidence in the Chinese financial system, and possibly to appetite for emerging market debt around the world.