Oz Blog News Commentary

The full Evergrande maelstrom

September 20, 2021 - 09:30 -- Admin

Full note from Zero Hedge. I agree with the premises but not the conclsuion for another broad stimulus. At least, not yet. Xi appears committed to giving this reform round a genuine crack.   Something historic will happen this week: as Beijing warned last week, China’s largest and most indebted property developer, Evergrande, will default on some (or all)

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