As Evergrande borrowed from Chinese banks and overseas investors to gas a speedy expansion, it became a behemoth with 1000’s of subsidiaries. It moved into businesses like bottled water, pig farming, electrical cars and even skilled soccer. The I.M.F.’s chief economist, Pierre-Olivier Gourinchas, center, mentioned issues in China’s real estate market had been damaging confidence. Evergrande had international recognition and was a politically necessary company at the heart of China’s growing economic system. Senior Partner And Chief Investment Officer, Erik Dansbo, In The Swedish Business Weekly Affärsvärlden The Philippines’ first neobank Tonik Bank has partnered with Lamudi Philippines to serve…