Western investors took a huge hit on Evergrande.
https://fortune.com/2024/02/08/evergrande-liquidation-99-percent-haircut-hedge-funds/


Solomonsatoshi

They are trying to re-inflate it or at least help banks  getting out of the deflating credit. But in the end market powers rule

GhostofTruth

Do you recall reading about a new real estate stimulus program in China? I think it was in the news a couple of weeks ago.

Just like America, they may not be willing to let that sector deflate (not that they can stop it).

econ

Where do we stand in the international debt race?

Do you recall reading about a new real estate stimulus program in China? I think it was in the news a couple of weeks ago.

Just like America, they may not be willing to let that sector deflate (not that they can stop it).