Highly-indebted property developer China Evergrande beseeched officials to approve its reverse-merger plan. Although the company later said the letter was fabricated, questions in it regarding systemic risk are real for investors and Beijing. Yawen Chen explains.
Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.
Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en