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I don't know the exact figure, but I have heard that the overwhelming majority of their debt is held by domestic Chinese investors.
by AussieWog93 5y ago
I don't know the exact figure, but I have heard that the overwhelming majority of their debt is held by domestic Chinese investors.
- redis_mlc 5y ago$300 billion for Evergrande bonds from foreigners. $2T - $4T total from US capital markets, which funds BRI and the PLA. (Wall Street are literally traitors.) 91% of China's interntional trade is in USD, so cutting them off from US capital markets would be fatal economically in days.