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Evergrande is Missing Loan Payments – Evergrande Crisis

Banks have been advised that Evergrande will miss loan payments by China’s Housing Ministry.

#Evergrande #EvergrandeCrisis #HeiseSays

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Banks have been advised that Evergrande will miss loan payments by China’s Housing Ministry. While missing payments surprised no one, the involvement of China’s Housing Ministry might foreshadow future restructuring?

References

https://www.bloomberg.com/markets/fixed-income