Stock Infographics
China Property Industry in crisis
DonkeyStock
Publish date: Wed, 09 Nov 2022, 09:04 AM
The share prices of China property developers are plunging. But the bond market is even worse.
China bond defaults hit US$20 billion in 2022.
More Chinese property companies are in distress, 94% of them have seen their bond now trading below 70 cents on the dollar.
Property is always the centre point of financial crisis due to its leverage nature. Let's see how China can defuse this bomb this time.
Source:iSquare
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