71% of Chinese property bonds are now in default ($124.5 Billion) - Upgoat

71% of Chinese property bonds are now in default ($124.5 Billion)
submitted by FuckShitJesus to FinancialNews 6 monthsOct 23, 2023 17:17:56 ago (+7/-0) (www.reuters.com)
https://www.reuters.com/world/china/chinas-troubled-property-sector-face-more-debt-defaults-2023-10-20/

71% of a $175B market in default. Can't print your way out of that one.

[ - ] PhantomXLII 0 points 6 monthsOct 23, 2023 19:29:22 ago (+0/-0)

HA

Fuck China. Anyway...