”a bubble could burst there.”

buvery Retweeted

 

And another and another…Guangzhou R&F Properties also collapsing… pic.twitter.com/9wQebzDOpa

— 🇺🇸Kyle Bass🇺🇸 (@Jkylebass) September 20, 2021

Chinese Property Developer Sinic Halts Trading After Sinking 87%

By Lianting Tu and Low De Wei

2021年9月20日 17:04 JST Updated on 2021年9月20

As Evergrande totters, cracks in stressed Chinese developers widen as rating outlook dims and borrowing costs jump

“The worst part is that not only China Evergrande is collapsing, but also other Chinese home builders are drowning in the tsunami caused by it,” said Zhou Chuanyi, a credit analyst at Lucror Analytics in Singapore. “For companies with large amounts of maturing debt, a couple of months of liquidity drain could be devastating.”

  'China's Lehman crisis' Beijing facing financial crash with collapsing property market

businesstelegraph

September 20, 2021

“German companies are concerned that a bubble could burst there.”

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