December 13, 2021
Drew Bernstein, Co-chair, MarcumBP conducted an exclusive interview with Cheddar News about the Evergrande stock nearing a default.
Excerpt: Drew Bernstein, co-chairman at MarcumBP, joined Cheddar News Opening Bell. He said U.S. investors have to understand that “there is no company in China that’s too big to fail, that’s for sure,” and that the Chinese government will be prioritizing the social welfare of the populace. Bernstein did note that it would be a managed collapse in some form.