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

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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.

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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:

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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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