102 days ago • Posted by Jasper Lawler

China real estate bond default is a shot across the bow

China Fortune Land is a great microcosm of the overall risks in Chinese real estate. Its flagship Gu'an New Industry City praised by Wharton in 2018. Bonds trading above Evergrande's through almost all of 2020, now defaulting, Ping An has $8bn exposure.

Source: WSJ

China real estate bond default is a shot across the bow
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