China's Liquidity Injections & Vanke's Bonds
China Vanke's bonds are blowing up, a highly respected company in China's real estate sector. As a result of collapsing liquidity, PBoC are supporting it via reverse repo injections, the financial plumbing way of saying they're keeping the water running.
Looks like we may see what a credit crisis looks like in a closed economy.
Looks like we may see what a credit crisis looks like in a closed economy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.