71% of Chinese property Bonds are in default
https://t.co/XBw4c92N4m — Win Smart, CFA (@WinfieldSmart) October 23, 2023 If that’s true, there is no recovery from this. It’s a matter of time. Might be a long time or a short time, but it’s all coming down. Contagion $100B+ in defaults in China's property bond sector could ripple through the …