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2021-10-13

Three weeks after Evergrande Group began failing to make scheduled payments on its debt...

 prompting a one-off shock to U.S. equity prices, there is no obvious reason to feel any more relaxed about the situation. 

The Chinese real estate sector itself is selling off ever more aggressively, and its descent has only accelerated this month. 

Survey shows the proportion of small businesses preparing to raise prices in the next three months at its highest in more than four decades. It has only once been higher, amid the oil crisis of 1979

John Authers Bloomberg 13 oktober 2021 

https://www.bloomberg.com/opinion/articles/2021-10-13/evergrande-shows-china-s-stability-focus-could-be-costly


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