1) WHY WOULD IT MATTER IF EVERGRANDE COLLAPSES?

• Firstly, many people bought property from Evergrande even before building work began. They have paid deposits and could potentially lose that money if it goes bust.
• There are also the companies that do business with Evergrande. Firms including construction and design firms and materials suppliers are at risk of incurring major losses, which could force them into bankruptcy.
• The third is the potential impact on China's financial system. "The financial fallout would be far reaching. Evergrande reportedly owes money to around 171 domestic banks and 121 other financial firms," the Economist Intelligence Unit's (EIU) Mattie Bekink told the BBC. If Evergrande defaults, banks and other lenders may be forced to lend less.

2) IS EVERGRANDE "TOO BIG TO FAIL"?

• The very serious potential fallout of such a heavily indebted company collapsing has led some analysts to suggest that Beijing may step in to rescue it.
• The EIU's Mattie Bekink thinks so: "Rather than risk disrupting supply chains and enraging homeowners, we think the government will probably find a way to ensure Evergrande's core business survives."
• In a post on China's chat app and social media platform WeChat, the influential editor-inchief of state-backed Global Times newspaper Hu Xijin said Evergrande should not rely on a government bailout and instead needs to save itself.
• This also chimes with Beijing's aim to rein in corporate debt, which means that such a high-profile bailout could be seen as setting a bad example. Q: Is Evergrande is too big too fail?Layout your opinion using [Issue Law, Application and Conclusion (ILAC) method] whether the government should intervene/bailout in relation to the Evergrande saga.