[https://edition.cnn.com/2021/12/10/business/evergrande-government-intervention-intl-hnk/index.html](https://edition.cnn.com/2021/12/10/business/evergrande-government-intervention-intl-hnk/index.html) >"Evergrande has defaulted on its debt. Now Beijing is intervening to prevent a disorderly collapse of the indebted real estate group that _...Read More_

"China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global _...Read More_

>"It’s time for the banks to be the ones tightening their belts for once."

"Experts say increased spending is unavoidable but that Japan will need to start seriously discussing how it will deal with its debt once the pandemic eases."

Very bad news for UK Government