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China won’t let Evergrande fail, which should lead to a rally, Ed Yardeni says


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Sept. 20, 2021.

Michael Nagle | Bloomberg | Getty Images

The likelihood that the Chinese government won’t let real estate giant Evergrande fail should help calm investors’ frayed nerves, Ed Yardeni of Yardeni Research said.