Collapse of China property giant to impact Australia's biggest export | ABC News
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 Published On Sep 18, 2021

There are fears the collapse of one of China's biggest property companies could spark wider turmoil in the world's second largest economy.
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Investors are urging China's government to step in the save Evergrande, a giant conglomerate that's over $400 billion in debt.

If the company collapses, the reduction in construction would also reduce demand for iron ore, pushing the price of Australia's biggest export even lower.

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