@MicroWave@lemmy.world to

World News@lemmy.worldEnglish • 2 years ago

Chinese buildings go unfinished as cash crunch hits local developers

asia.nikkei.com

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Chinese buildings go unfinished as cash crunch hits local developers

asia.nikkei.com

@MicroWave@lemmy.world to

World News@lemmy.worldEnglish • 2 years ago

Debt-laden local government financing vehicles face soaring bond yields

Debt-laden local government financing vehicles face soaring bond yields

Chat

@BarrelAgedBoredom@lemm.ee
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5•2 years ago
I thought evergrande crashed and burned like 2 years ago. How is this still going on?
- Dudewitbow
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  8•2 years ago
  2 years ago was the default, today was bankruptcy.
  
  Defaulting means youre behind on payments. Bankruptcy is when you file for methods to discharge the payments.

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For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Consider including the article’s mediabiasfactcheck.com/ link

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