Indonesia finmin warns of ripple effect from China’s Evergrande debt woes

JAKARTA, Sept 23 (Reuters) – Indonesian authorities are monitoring the monetary market scenario in China, finance minister Sri Mulyani Indrawati mentioned on Thursday, and warned that property agency China Evergrande’s debt woes might have an effect on the world’s economic system.

“We see a brand new danger to the monetary system stability in China,” she informed a information convention.

“They’re going via a scenario that isn’t straightforward and will have a unprecedented ripple impact not only for China’s home economic system, but in addition the world’s. So we now have to watch out.”

Reporting by Gayatri Suroyo and Fransiska Nangoy
Modifying by Shri Navaratnam

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