Ravi Velloor, The Straits Times

Ravi Velloor, The Straits Times

1409_EDT_1745

14 September 2021
Market View: Evergrande Contagion Risks and Lessons from the Asian Financial Crisis
Could China Evergrande's growing financial woes and default risks spread across broader Asian markets similar to the Asian Financial Crisis almost 25 years ago? Ravi Velloor, Straits Times Associate Editor, brought up the case of South Korea's Hanbo Steel in the recent Asia Insider podcast, and how it helped catalyze the events of the late '90s. He joined us on Prime Time to discuss the similarities and differences between China Evergrande and Hanbo, if Singapore and broader Asian economies are at risk of a potential Evergrande collapse, and other potential risks.

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