Oh dear, new #chinese #property #market #bonds are #crashing - this time #fantasia and #modernland https://www.zerohedge.com/markets/its-di.. As #zerohedge points out, it looks like #contagion ... At this point I don't think #bejing can even #bailout these #debt ridden #companies ... They are really stuck between a rock and a hard place.
The story of #evergrande and the #chinese #stock #market is not quite over just yet, it appears that there is still a *very* real possibility of #contagion https://www.zerohedge.com/markets/defaul.. This time it's #property #developer #fantasia - this time with #liabilities of close to $13 #billion on the books.