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2021-10-06 China-Japan-Koreas

Another Chinese Real Estate company may be insolvent soon

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Posted by Lord Garth 2021-10-06 00:00|| || Front Page|| [2 views ] Top
File under: Commies

#1 Chinese dominoes - fun game!

Posted by Raj 2021-10-06 01:47|| 2021-10-06 01:47|| Front Page Top

Posted by Greng Black3494 2021-10-06 09:07|| 2021-10-06 09:07|| Front Page Top

#3 Get mental health!

Posted by Bertie Crains2651 2021-10-06 09:45|| 2021-10-06 09:45|| Front Page Top

#4 Stories like the Evergrande one above and this one do give me comfort about China.

Much as the Biden crew is attacking America, the Xi crew is attacking China--and with much more disastrous results. I was alarmed at Biden's incompetence in facing off against China--but it does appear that in Xi he has a very, very weak opponent whose ignorance surpasses even his.

Posted by Tom 2021-10-06 11:40|| 2021-10-06 11:40|| Front Page Top

#5 ^ Cateful what you wish for. The most dangerous time for a bad government is when a weak leader seeks to change it. All bets are off now

Posted by Sheba tse Tung4690 2021-10-06 12:35|| 2021-10-06 12:35|| Front Page Top

#6 https://www.bloombergquint.com/gadfly/fantasia-opens-a-nasty-new-chapter-in-the-china-evergrande-saga

This appear to be a repudiation rather than an insolvency. It may have closed the market for new Chinese bond issues to international investors. It's an intriguing move. As I understand it, Evergrande is stiffing foreign creditors while paying Chinese ones. That may have dire implications for all foreign investors there, portfolio and direct.

Posted by Zhang Fei 2021-10-06 14:48|| 2021-10-06 14:48|| Front Page Top

#7 China has been patching over its issues with foreign currency for a long time. They are still finding suckers to sink their dollers and euros into their country and they won't pay shit back.

The second external currency dries up, China is done. I don't expect that to happy as there are a lot of morons that keep pumping billions into their economy.

Posted by DarthVader 2021-10-06 16:23|| 2021-10-06 16:23|| Front Page Top

But, but, but wat will we do when the cheap Made in China stuff stops coming? We really are DOOMED !

Posted by Besoeker 2021-10-06 17:14|| 2021-10-06 17:14|| Front Page Top

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