Indonesia Finance Minister warns of ripple effect from China's Evergrande debt woes
Reuters
Published Sep 22, 2021 10:48PM ET
Updated Sep 23, 2021 01:41AM ET
JAKARTA (Reuters) - Indonesian authorities are monitoring the financial market situation in China, finance minister Sri Mulyani Indrawati said on Thursday, and warned that property firm China Evergrande's debt woes could affect the world's economy.
"We see a new risk to the financial system stability in China," she told a news conference.
"They are going through a situation that is not easy and could have an extraordinary ripple effect not just for China's domestic economy, but also the world's. So we have to be careful."
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Written By: Reuters
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