Evergrande Was Just 1st Domino? More Chinese Real Estate Developers Rapidly Missing Bond Payments

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On Friday, another developer, China Properties Group, said it had defaulted on $226 million worth of notes.

All eyes will be on Chinese real estate developer Sinic Holdings, which warned last week it’s not likely to repay offshore bonds worth $250 million due on Monday.

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Defaults loom over more property developers as China reassures investors on Evergrande

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Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning

Will the debt destroy China’s housing market? The market cools down and the engine is almost dead youtu.be/tzQ1J4MzRqQ


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