HONG KONG -- The intensifying crisis at China Evergrande Group, the world's most indebted property developer, is causing tremors across Chinese markets and stoking fears that there could be damaging consequences for the nation's financial system.
International investors are no longer just shunning Evergrande's bombed-out bonds. Debt issued by other stretched developers has also slumped. Banks with exposure to the Chinese property sector are coming under scrutiny.
