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| Too big to fail? Not in China: Boom Bust looks at how Beijing deals with speculative markets | Too big to fail? Not in China: Boom Bust looks at how Beijing deals with speculative markets |
| (21 days later) | |
| While everyone expected Beijing to bail out real estate giant Evergrande, saying the company was too big to fail, the Chinese government has so far taken a different approach to dealing with the crisis. | While everyone expected Beijing to bail out real estate giant Evergrande, saying the company was too big to fail, the Chinese government has so far taken a different approach to dealing with the crisis. |
| RT’s Boom Bust looks at China’s strategy, which appears to be to teach the market not to be wildly speculative or to think the government will always step in to save a mismanaged company. | RT’s Boom Bust looks at China’s strategy, which appears to be to teach the market not to be wildly speculative or to think the government will always step in to save a mismanaged company. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |