Hello and welcome to the Intelligence from the Economist. I'm your host, Jason Palmer.

Every weekday we provide a fresh perspective on the events shaping your world.

Bolivia has the world's largest reserves of lithium, an increasingly important element

in an increasingly battery-powered world. We ask why the country hasn't yet made the

most of its deposits, and whether lithium could still turn its fortunes around.

And Poland has a refugee crisis on its border and tempers are flaring. At a concert of

the music of Frederick Chopin, a Polish composer who himself ended up in exile, our correspondent

finds Poles reminded of how much the refugee experience has influenced their culture.

But first, for weeks there have been worries that Evergrand, a Chinese behemoth that's the world's

most indebted property developer, would fail to pay its creditors.

If Evergrand were to fold, its fear of the collapse would send shockwaves through the country's

property sector and beyond. Yesterday, at last, it did, when it missed an interest payment on a

sliver of its foreign bonds, the ratings agency Fitch said it was in what's called restricted

default. That will have reverberations throughout China's enormous property sector.

For foreign investors, it just adds to the drama. A week ago, D.D. China's ride-hailing

giant, D-listed from New York's Stock Exchange, heading for Hong Kong. For D.D., there's a push and

a pull here. China is trying to draw its homegrown firms back home, just as American regulators

squeezed them abroad. Hello, John. Foreign public companies that are listed in the United States

may be de-listed if their auditors do not comply with the request for information from U.S. regulators.

We're talking about more than 200 companies potentially being kicked off U.S. exchanges if they

don't open up their books. D.D. won't be the last to de-camp. It's all part of a plan, or at least a

pattern. China's leaders want to build out a domestic financial system and bring foreign investment

...