RIO DE JANEIRO, BRAZIL - The crisis of the Chinese real estate developer Evergrande will affect the economy of the Asian country but does not mean the risk of collapse of the local financial system.
The conclusion is from specialists gathered yesterday in a panel organized by the Brazilian Center of International Relations (Cebri) and by the China-Brazil Business Council (CEBC) and that foresee impacts over Brazil mainly in foreign trade and the global contagion of risk indicators.
Marcos Caramuru, former Brazilian Ambassador to China, member of the Advisory Committee of the CEBC, and international advisor of Cebri point out . . .