Bonds of China’s Largest Property Developer Crash to 25 Percent of Notional Value

by Mish Shedlock, Mish Talk: Hello there Purchasing Power Parity GDP advocates and China horn tooters in general, let’s discuss real estate. Bonds of China’s Largest Property Developer Crash Please consider Another Big Chinese Property Domino Is Wobbling. Shares and bonds of property giant Country Garden Holdings dollar-denominated bonds maturing in January 2024 are trading at […]

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