Is China’s ‘Lehman Moment’ Near?
Podcast: WSJ What’s NewsPublished On: Fri Aug 18 2023
Description: A.M. Edition for Aug. 18. Financial stress at a large asset manager in China is making investors nervous about contagion from the country’s slumping property sector, as Evergrande files for bankruptcy. Reporter Rebecca Feng unpacks worries of China’s “Lehman moment.” Plus, Russia’s economy has reached its speed limit. Reporter Chelsey Dulaney explains. And an activist investor pulls up a chair at Outback Steakhouse. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
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