Evergrande Group: Insolvency

(asked on 16th November 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department is taking to help protect the economy from the potential economic impact of initiation of bankruptcy proceedings against Evergrande China by DMSA.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 22nd November 2021

The Government will continue to monitor risks to the UK economy, including from significant developments in the Chinese property market. Our monitoring will inform any action needed to mitigate risks.

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