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Kaisa has also now defaulted... https://www.bloomberg.com/news/articles/2021-12-09/kaisa-cut-to-default-after-missing-400-million-bond-payment https://www.bloom

• polycaster 5y ago
  Paywalled unfortunately
  • graedus 5y ago
    https://archive.md/MW0cN https://archive.md/MW0cN
  • Crosseye_Jack 5y ago
    https://github.com/iamadamdev/bypass-paywalls-chrome https://github.com/iamadamdev/bypass-paywalls-chrome Granted, the extenstion is pretty much targeted at Desktop and it really only works in Firefox without a nag screen, but yeah, its whatr I was on my own rig and I can't remember the last paywall I came across.
• boringg 5y ago
  Small money company - while there might be impacts to the economy the scale of these companies is small. Ripple effects contained in China. Once something happens to a US company I'll start paying super close attention.
  • ganeshkrishnan 5y ago
    A major chunk of evergrande is owned by black rock and HSBC. The ripple effects will be felt beyond china. This is like saying the virus is only circulating in china. I will pay close attention when it starts in US. I think the mortgage squeeze in china is far worse than the pandemic and they have done a good job of masking it. We will know in few months or years when the shock waves ripples thru here.
    • boringg 5y ago
      To be fair they've had developer real estate issues over 5 years ago - its a long running problem.
    • TearsInTheRain 5y ago
      A crash in China's housing market would probably be deflationary for the US which would be quite welcome imho.