lennypartiv
Diamond Member
- Jul 16, 2019
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Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.
---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---
---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---
---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---
---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---
China's economic woes mount as trust firm misses payments, home prices fall
Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.
www.reuters.com