‘Is China is on the brink of a credit event?’

by
Sharing is Caring!

Chinese stocks are now underperforming US stocks by the most since 2001.

Meanwhile, China’s HY real estate index is down a massive 82% in just over 2 years.

This puts the index back down to 2008-levels.

Adding to this, Evergrande just filed Chapter 15 bankruptcy.

See also  Internet device found in 65% of American homes faces ban over new China hacking fears

All while China just “unexpectedly” cut interest rates.

Is China is on the brink of a credit event?

See also  DEI in Action: New Orleans FBI Special Agent with Nose Ring Says Two Improvised Explosive Devices “Not a Terrorist Event” (VIDEO)


65 views