Alternative Investment Posts
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Summary: The ongoing collapse of China’s Evergrande Property Group is the top financial headline around the world, as the firm faces an almost certain default. Though some are quick to point out that Evergrande is a relatively small piece of a heavily fragmented Chinese real estate market, it’s still one of the top 3 domestic developers and emblematic of the wild speculation that’s characterized the country’s ever-inflating property bubble.
Contagion is
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