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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (178497)	9/18/2021 6:43:09 AM
From: Haim R. Branisteanu	2 Recommendations Recommended By pak73 Pogeu Mahone Respond to of 217572

Wonder what will be the next step of Team China China with their RE troubles. Does anyone remeber the fall of Lehman Bros another joint of hi integrity people

To: Haim R. Branisteanu who wrote (178497)	9/18/2021 6:43:36 AM
From: Haim R. Branisteanu	1 Recommendation Recommended By pak73 Respond to of 217572

CHINA BRIEF A weekly digest of the stories you should be following in China this week, plus exclusive analysis. Delivered Wednesday. Has China’s Housing Crisis Finally Arrived?The government seeks to avoid Evergrande Group becoming Beijing’s Lehman Brothers. foreignpolicy.com China’s Real Estate Market Faces Trouble China Evergrande Group, the largest property company in the world in 2018, is set to miss interest payments on bank loans due on Sept. 20—meaning one of the most significant debt restructurings of all time is likely just around the corner. Evergrande ran up large debts in the last decade as it expanded in China’s volatile real estate market, fueling a months-long financial crisis for the company that threatens the whole industry. With hopes of bailouts and grand deals falling through, Evergrande’s bonds have dropped to one-quarter of their May price. Evergrande exemplifies the problems that have haunted the Chinese economy for years, without ever reaching a full-blown crisis. Property markets are inflated across the country: In 2018, nationwide home prices averaged 9.3 times higher than annual incomes. In metropolises such as Beijing and Shanghai, the problem is even worse. One driving factor of the burgeoning housing crisis is that China has hardly any property taxes, making real estate a tempting asset. Most businesses in China are to some degree real estate businesses, investing in property on a grand scale. The former Hainan Airlines, for example, morphed into the giant HNA Group before declaring bankruptcy in 2017 and putting $11 billion worth of real estate on the market.