Re:‘China’s Manhattan’ Borrowed Heavily, but the People Have...
by akira2501 on Thursday April 11, 2019 @06:56PM
(#19640122)
> they were eventually filled
Which may or may not be true, but what you really want to know is what is the total value of property there vs. the total value of loans issued against it.
If they were only able to fill it by exploiting favorable central bank policies, all they've done is kick the can down the road.
Which may or may not be true, but what you really want to know is what is the total value of property there vs. the total value of loans issued against it.
If they were only able to fill it by exploiting favorable central bank policies, all they've done is kick the can down the road.