DEVELOPING: China’s Property Sector Bonds Are ‘Getting Smoked’ – Will China’s Economic Woes Impact the Rest of the World?

We’ve reported on the China property and solvency crisis over the past few weeks.  The Evergrande solvency issues started it but now the whole property sector appears to be in a free fall.

We’ve been reporting on the Evergrande real estate and solvency crisis in China for weeks.  It’s not good.

The Genius of Trump: China Economy is Growing at Its Slowest Rate in 30 Years – Prognosis For Future Doesn’t Look Good

In addition, we’ve been reporting for the last few years on the dangers embedded in China’s huge property market which are now more apparent than ever:

Behemoth in China Real Estate Readying for Bankruptcy – Is This the Beginning of a Massive China Real Estate Crash?

This evening George Gammon shared a chart of the Chinese property sector bonds since the Evergrande crisis began:

This is not good.  This is not good at all.

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Joe Hoft is a Radio Host at TNTRadio.live, Author, Former International Corporate Executive in Hong Kong for a Decade, and a Contributor at TGP since 2016. Joe is the author of five books, including his new bestseller, "The Steal: Volume II - The Impossible Occurs" which addresses the stolen 2020 Election and provides an inventory of issues that prove that the 2020 Election was uncertifiable and never should have been certified for Joe Biden.

You can email Joe Hoft here, and read more of Joe Hoft's articles here.

 

Thanks for sharing!