China’s property implosion has further to go, and markets are worried

The scare over a liquidity crisis in a state-owned company in Guangdong has rippled through China’s debt markets and shone a light on the financial pressure in its local governments.

First reported by The Sydney Morning Herald 33 min ago1 source

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The Sydney Morning Herald01:0533 min ago
China’s property implosion has further to go, and markets are worried (opens The Sydney Morning Herald in a new tab)
The scare over a liquidity crisis in a state-owned company in Guangdong has rippled through China’s debt markets and shone a light on the financial pressure in its local governments.

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