Chinese property developer Modern Land Co.
asked investors for permission to defer repaying a $250 million bond due later this month, in the latest sign of the financial stress that has gripped China Evergrande Group andModern Land also said its chairman and president would together provide the equivalent of $124 million in loans, helping to shore up the group’s finances.
Great insights from this analyst. china Evergrande Economics
Holy Moly. A nightmare. Of course there will be cuts in maintenance causing long term structural damage and individuals/companies paying rent will default or refuse to pay and then the wind, rain, flooding, earthquakes will begin to take a toll. Derivatives/junk bond financing 🤮
В. ГАЙФУЛЛИН: ВОВА-ЭТО НАШ ГОПНИК
congreso🇵🇪 q espera para vacar o es cómplice de este Gobierno narcoterrorista con la Mafia Caviar del🦎Amistades con suerte proveedores del Estado presidenciales d Castillo y cerrón Avanza con Agenda 🇵🇪📢 VacanciaAlGobiernonarcoTerrorista VacancialYa
Tethergrande tsunami.
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