There is a general perception that the Chinese government will intervene in some way to rescue Evergrande, despite its debts of $300 billion (€256 billion) and that Evergrande, unlike Lehman Brothers in the global financial crisis in 2008, is too big to fail.

In addition to Evergande's troubles, a power crunch in some parts of China has shut down factories and left households without electricity. The shortages come as coal prices rise and in some cases because of efforts to meet official energy use targets.