2nd Chinese Developer Misses Debt Payment: Time To Get Concerned?
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After Evergrande, we now have another developer who missed a paymento n their USD denominated debt.
Fantasia also missed a payment the other day. This brings up the question if how far does this extend.
In this video I discuss how we are now seeing the possibility of the Chinese real estate market rolling over. This could really impact the global economy as the second largest economy in the world starts to head lower.
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