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"The government will not want unhappy citizens to be on the hook. I expect that rather than a spectacular Lehman-type crisis, China will go through a period of financial distress, which will squeeze growth hard" argues @georgemagnus1 in @NewStatesmanhttps://www.newstatesman.com/world/asia/china/2021/09/why-chinas-evergrande-debt-crisis-is-the-tip-of-an-iceberg …