Posted on Jan 7, 2022
China's real estate problems are spreading even to once-healthy developers
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Chinese company Shimao allegedly defaulted on a loan along with Evergrande. We shall see if China's financial problems also have negative effects outside of Asia.
China's real estate problems are spreading even to once-healthy developers
Posted from cnbc.com
China
Real Estate
Finance
International Affairs
Posted >1 y ago
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This is a serious problem for China. Their default & debt levels are skyrocketing. They are in a precarious position LTC Eugene Chu ...
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I understand, because of flooding and other problems such as insects, China is facing food production problems. They are in for some rough times
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