The Evergrande shock is unlikely to have the same consequences as the financial crisis caused by the Lehman Brothers going bust, but it may be solved in much the same way. People look at China and often see different things, and many have looked at Evergrande and compared them to Lehman Brothers in the US and concluded prematurely that China is on the verge of a similar massive financial crisis. But the Chinese government have the foresight of the 2008 crisis to deal with Evergrande pre-emptively by dismissing the board of directors, taking care of suppliers so the shock doesn’t hit over sectors of the economy too hard, and then use massive foreign exchange reserves to cushion the blow. We are also likely to see good assets be taken over by the people bank of China and be put in a different part of the bank's balance sheet, in a similar style to the US did with some mortgages in 2008, finally we are likely to see the Chinese government restructure most Chinese real estate firms to take the heat out of the market. This will be informed by the Lehman Brothers more than it will be a repeat of it.