Chinese borrowers default in record numbers as economic crisis deepens - eviltoast

"Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery,” the Financial Times reports.

  • Rapidcreek@reddthat.comOP
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    10 months ago

    Yeah, but it’s theoretically good investment they have. It would be the last to go and not all at once.