There’s not much point repeating a couple of good posts from ZH on the China property situation given they capture my thoughts so here they are. First up, the Chinese property crash is getting worse fast: Having already suffered the fastest drop on record, Chinese junk bond markets – where property developer issuers dominate –
The post China’s property crash versus Wall St’s commodity mania appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]