Is China about to blow?

by mark000

Sure looks like a Lehman moment (major negative event) is about to happen over there. Which will trigger a Chinese Financial System crisis, which will trigger one in Japan because of their interdependance. And from there to the rest of the world…….

China’s Economy Shows Fresh Weakness in Factories, Housing and Consumer Spending

Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with creditors set to vote on its proposal to extend the maturity for an onshore private bond.

How Evergrande’s downfall signaled China’s property crisis

Country Garden Downgraded by Moody’s as Default Pressure Mounts (will the PBOC be the first central bank to lose control of its Ponzi markets & asset bubbles?)