INVESTMENT WATCH: China’s Black Swan Has Arrived
Published by Investment Watch | September 20, 2021 How serious is this? Serious. The issue at hand is China’s massive Evergrande property developer. The company is effectively insolvent, with over $300 billion in bad loans. Many are calling this “China’s Lehman Moment.” The company’s stock is down 80% Year to Date. Real estate comprises nearly …
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