Monthly Archives: January 2022
Evergrande is being Nationalized by the CCP!! Bondholders left out of the picture.
The Risk Management Committee (RMC) appointed by the Chinese Communist Party (CCP) is now in charge of Evergrande. The RMC consists of nine members, six appointed by the CCP, one from one of the state-run businesses, and the remaining members … Continue reading
Posted in General Real Estate Tagged Evergrande Leave a comment
The Next Global Real Estate Collapse is Happening Now
“History doesn’t repeat itself, but it often rhymes” – Mark Twain The 2008 subprime financial crisis was just a precursor to the greatest real estate collapse in history. At the time of this writing, the Chinese real estate market is … Continue reading
Posted in General Real Estate, Uncategorized Tagged Evergrande, Ke Holdings, Luckin Coffee, Real Estate Leave a comment