China Evergrande Surges 27% Post Nationalization Rumors, Crypto Market Surge in Tandem

China’s real estate giant Evergrande breathed a sigh of relief after the People’s Bank of China injected nearly $19 billion into the banking system yesterday, in a bid to bailout the debt-ridden real estate giant. Evergrande has over $300 billion in liabilities, making it the most indebted real-estate company and many believe its fall could The post China Evergrande Surges 27% Post Nationalization Rumors, Crypto Market Surge in Tandem appeared first on Coingape.