Michael Burry of ‘Big Short’ fame is among those worried about the Chinese property giant, but analysts say its collapse would have limited global impact.
Featured Posts Title
Brazil’s oil exports surge as China seeks alternatives to Iranian crude
China’s Surging Exports Loom Over Trump’s Talks With Xi
What Shenzhen’s transformation reveals about the path to an Asia-Pacific community
China’s online mood turns dark as job fears and economic woes deepen
Rainbow Opens Its First Store Digital Twin-Enabled Supermarket in Shenzhen
China’s Huawei Technologies faces racketeering trial in New York
China’s Foreign Exchange Reserves Continue to Climb
Recent Posts
Evergrande’s looming default is spooking markets, but three top analysts say this isn’t China’s ‘Lehman Brothers moment’
Trump’s top military adviser did no go ‘rogue’ in secret calls to China: Book
Former President Trump’s top military adviser was “not going rogue” when he held secret phone calls with his Chinese counterpart before and after the 2020 election, Washington Post reporters Bob …
Dow futures skid 500 points as China property fears grow
U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 500 points, as Hong Kong-listed property companies came under fresh pressure. Investors also were …
‘China’s Lehman crisis’ Beijing facing financial crash with collapsing property market
A MASSIVE economic crash is looming in China that could reverberate across the globe after $300 billion real estate debt and Beijing’s efforts to suffocate the nation’s tech sector.
China debt concerns mounting as Beijing shifts attention to hidden local government financing
Concerns are mounting over how local governments in China will pay back so-called hidden debts raised through self-issued bonds, especially as Beijing is increasing controls to prevent a meltdown in …
Stock market news live updates: Stock futures sink amid China’s Evergrande default risk, debt ceiling debates
U.S. stock futures sold off Monday morning, tracking declines in overseas equities as investors nervously eyed the potential ripple effects of the default of a major Chinese real estate company and …
What ‘Bear Traps Report’ editor thinks of China’s Evergrande, crypto and more
CNBC’s “Squawk Box” team discusses the market sell-off and what’s happening in China with Larry McDonald, editor of The Bear Traps Report.
Bitcoin Falls Below $45,000 as Global Market Rout Infects Crypto
Cryptocurrency prices slumped as a broad selloff sparked by worries about contagion from China Evergrande Group swept through global markets. Bitcoin dropped 7.3% to $44,127 as of 7:33 a.m. in New …
Kids in China banned from watching TikTok for more than 40 minutes
People under 14 will also be blocked from using Douyin, the Chinese version of TikTok, between 10 p.m. and 6 a.m.
Evergrande is hostage to Beijing’s property pain threshold
But the deepening crisis surrounding China’s Evergrande, the most indebted property company in the world, is following a different narrative. It is Beijing’s restrictions on the property sector that …
The AP Interview: UN chief warns China, US to avoid Cold War
Warning of a potential new Cold War, the head of the United Nations implored China and the United States to repair their “completely dysfunctional” relationship before problems between the two large …
China bans Taiwan apple imports as discourse sours
Beijing has stepped up its trade war with Taiwan by banning apple imports as state media says it has no wish to buy the island’s “problematic fruits” while its …
China’s Wheat Imports Reach Highest Level in Two Decades
USAgNet – 09/20/2021 China is the world’s largest consumer of wheat, accounting for 19 percent of global wheat consumption …