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China real estate fasak??? All crypto going down


Sreeven

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1 hour ago, veerigadu said:

Pakka. Unless Chinese govt bails out this bank  

Us market already full red. 600 pts or more down avvochu ivvala..housing market in USA kuda crash avutundemo 

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2 minutes ago, desiboys said:

blackrock vadu $300 million appu unnadu anta aa chinese company ki. us real estate kooda impact authadi ee debba tho

$300 Million is peanuts for Blackrock. 

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Evergrande will have a small impact but Chinese market is so disconnected from rest of the world , it wouldn't even matter 

The real losers are the 2 million customers who paid in advance  for apartments  and  Chinese banks  (strongly capitalised ) 

There is some talk on Weibo that Evergrande management pissed off xi jinping and he is going to let the company become bankrupt and the state is going to  take over the assets afterwards

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38 minutes ago, Ryzen_renoir said:

Evergrande will have a small impact but Chinese market is so disconnected from rest of the world , it wouldn't even matter 

The real losers are the 2 million customers who paid in advance  for apartments  and  Chinese banks  (strongly capitalised ) 

There is some talk on Weibo that Evergrande management pissed off xi jinping and he is going to let the company become bankrupt and the state is going to  take over the assets afterwards

China lo ghost cities chusthe buddi unodevadu akkada real estate lo invest cheyadu

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1 minute ago, Pavanonline said:

China lo ghost cities chusthe buddi unodevadu akkada real estate lo invest cheyadu

Although the ghost cities are real , this is not the reason for failure of this company . 

The reason is overleverage and corona induced downturn in real estate sales . 

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1 hour ago, Ryzen_renoir said:

Although the ghost cities are real , this is not the reason for failure of this company . 

The reason is overleverage and corona induced downturn in real estate sales . 

ghost cities are fake.

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