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The liquidation of Evergrande by a Hong Kong court accelerates China's real estate and economic crisis to a new speed, but how does it really affect Chinese individuals and banks? And will the effects impact political stability? But why is no one in the White House seeking to exploit this reality, and would officials in a second Biden term broach a bailout of China and the country's best and brightest make plans to leave? Mark Simon reports from Taipei in a discussion with Christian Whiton in the USA.
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The liquidation of Evergrande by a Hong Kong court accelerates China's real estate and economic crisis to a new speed, but how does it really affect Chinese individuals and banks? And will the effects impact political stability? But why is no one in the White House seeking to exploit this reality, and would officials in a second Biden term broach a bailout of China and the country's best and brightest make plans to leave? Mark Simon reports from Taipei in a discussion with Christian Whiton in the USA.
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