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GIC sees no systemic risk in Evergrande crisis, but Soros Fund presses pause on China

Lucas Cacioli
The Evergrande crisis and government clampdowns has cast a pall over China investment. While one fund is putting investment on hold, another says it's staying the course.
GIC sees no systemic risk in Evergrande crisis, but Soros Fund presses pause on China

Singaporean sovereign wealth fund GIC Pte does not view the Evergrande crisis as posing a systemic risk to China’s financial landscape despite uncertainty caused by the collapse of the property giant and China's wide-ranging clampdown on industries ranging from tech to online education.

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