Ratings agencies issued a fresh round of downgrades on Chinese property firms

Sinic Holdings warned last week it’s not likely to repay offshore bonds worth $250 million.

China Properties Group, said it had defaulted on $226 million worth of notes.

CNBC 18 October 2021

https://www.cnbc.com/2021/10/18/china-property-defaults-risks-for-other-developers-pboc-on-evergrande.html


China risks making ‘big mistakes’ with widespread crackdown, says Raghuram Rajan,  ex-IMF chief economist

CNBC 15 October 2021


Kommentarer

Populära inlägg i den här bloggen

Röd Öppning - Red Opening

Niklas Ekdal, bunkergängets apologet

Tickande bomben i Heimstaden AB