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A major Chinese shadow bank has filed for bankruptcy on the grounds it was unable to pay its debts. On Friday, a Beijing court accepted the application from Zhongzhi Enterprise Group (ZEG), which has lent billions to real estate firms. …
by Chris Black Last summer, I wrote a brief article about how China’s property sector is, structurally, a bubble. And as with all bubbles, policymakers are equipped with a toolkit limited to delaying,… Continue reading by subscribing. Username Password Remember …
by Chris Black China’s property sector is, structurally, a bubble. And as with all bubbles, policymakers are equipped with a toolkit limited to delaying, mitigating, or perhaps even changing (https://… Continue reading by subscribing.
could be propaganda don’t know just putting it out there Breaking! On the brink of #nuclearwar #WW3! #Ukraine attacked with a missile the nuclear power plant from #Smolensk on the territory of #Russia. If this it’s confirmed expect everything. #Nazis …
Newsom’s media blitz fuels presidential talk California Gov. Gavin Newsom’s (D) rising media profile in recent weeks has renewed speculation over his presidential aspirations. Newsom seized on a fight with Florida Gov. Ron DeSantis (R) over the decision to fly …