Evergrande default is highly likely, S&P says

 “The firm has lost the capacity to sell new homes, which means its main business model is effectively defunct. This makes full repayment of its debts unlikely,” the analysts said.

CNBC NOV 18 2021

https://www.cnbc.com/2021/11/18/china-evergrande-default-is-highly-likely-sp-says.html



Kommentarer

Populära inlägg i den här bloggen

Niall Ferguson: The AI Boom Is a House of Cards, Tyler Cowen: Not so fast

Cognitive blind spots

2 juli. “How long can this bull market last?” Stefan de Vylder. Nord Stream pipelines. Balansen mellan tillgång och efterfrågan är central.