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47 sats \ 3 replies \ @Satosora 26 Oct \ on: China in a deflationary trap econ
Was japan investing in chinas real edtate market?
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30 sats \ 2 replies \ @TomK OP 26 Oct
Massively. Like europ banks too
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0 sats \ 1 reply \ @Satosora 26 Oct
I didnt realize other people were in that market. I guess there are ways around it. I thought it was only for the chinese, especially purchasing property.
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0 sats \ 0 replies \ @Solomonsatoshi 26 Oct
This is old news- the Chinese look after their own and have left greedy western funds to carry a lot of the toxic debt.
https://www.reuters.com/business/finance/blackrock-hsbc-among-largest-buyers-evergrande-debt-morningstar-2021-09-21/
https://www.reuters.com/business/finance/bluebay-buyer-evergrande-debt-ashmore-ubs-exposed-morningstar-2021-09-27/
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