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China Real Estate Crack Down

By HunterTits follow HunterTits   2021 Aug 26, 2:04pm 123 views   2 comments   watch   nsfw   quote   share      


Analysis: China's property crackdown stalks credit markets

Bad loans and developer defaults jump
China junk debt market sinking as U.S./Europe rally
Authorities want to wean economy from real estate - strategist

Debt and land-buying curbs and hundreds of new rules are hitting developers far harder than they had expected, setting off a scramble to sell assets as well as a steady drumbeat of bankruptcies, defaults and cut-price takeovers.


Looks like they are adopting the California NIMBY building permit and zoning system.

https://www.reuters.com/world/china/chinas-property-crackdown-stalks-credit-markets-2021-08-26/
2   CaptainHorsePaste   ignore (1)   2021 Sep 4, 5:09pm     ↓ dislike (0)   quote   flag        

CCP is Behind Everything.

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