Quote:
Originally Posted by William930t
The China debt crisis is now spreading beyond Evergrande
Shenzhen-based developer of luxury apartments, Fantasia Holdings has missed repaying $206 million worth of bonds that matured Monday. The company has also missed repaying a $109 million loan to Country Garden, China's second largest developer. How this plays out is going to be real interesting.
jyl: thanks for your insight
|
Everything over there is allowed to transpire by central command and control.
This is no different.