Evergrande Contagion: The Dominoes Start To Fall
First Evergrande.....then Fantasia.....now Modern Land.
The real estate sector in China...valued in the several trillions. The shadow market...derivatives worth....unknown trillions. China makes up a large chunk of WORLD GDP.
Let's see which domino falls next.
https://www.zerohedge.com/markets/its-disastrous-day-all-hell-breaks-loose-chinas-bond-markets
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