热门标签

telegram搜索不到(www.tel8.vip):China’s property crisis is spiralling as homebuyers refuse to pay

时间:3周前   阅读:20   评论:4

telegram搜索不到www.tel8.vip)是一个Telegram群组分享平台,telegram搜索不到包括telegram搜索不到、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram搜索不到为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

The bigger worry is that a widespread loss of confidence in real estate will put major strain on China’s economy and financial system, which is sitting on 46 trillion yuan (RM30 trillion) of outstanding mortgages and still has 13 trillion yuan (RM8.6 trillion) of loans to the country’s beleaguered developers

FORMER UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.”

More than a decade on, Chinese property is again grabbing the attention of global investors – this time for all the wrong reasons.

Mounting signs of stress this week in an industry that accounts for about a quarter of the world’s second-largest economy have roiled China’s credit markets, dragged down the nation’s bank stocks and pummelling commodities from iron ore to copper.

After a burst of optimism earlier this year that looser regulatory curbs might stem the industry’s debt crisis, investors are getting spooked by rolling Covid lockdowns and a rapidly escalating homebuyer boycott of mortgage payments on stalled projects.

The bigger worry is that a widespread loss of confidence in real estate will put major strain on China’s economy and financial system, which is sitting on 46 trillion yuan (RM30 trillion) of outstanding mortgages and still has 13 trillion yuan (RM8.6 trillion) of loans to the country’s beleaguered developers.

“Property has been getting steadily worse the whole time; prices, sales, starts, all terrible,” says Craig Botham, chief China economist at Pantheon Macroeconomics in London.

,

足球免费推荐www.ad168.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

,

“The chronic deterioration has now taken another step. It was always going to hit the financial sector eventually, given the prevalence of collateral in loan books with large real estate portions.”

The turmoil this week has battered what was already one of the world’s most stressed industries. The average yield on Chinese junk dollar debt, which is dominated by developers, has surged to almost 26%.

Selling has also spread to investment-grade builders, with a bond issued by China Vanke Co, the nation’s second-largest builder by sales, falling to a record-low of 81.6 cents on the dollar on Tuesday.

China’s zero-Covid policy is exacerbating the situation by damping demand for property and depressing economic activity. Lockdowns remain commonplace in China, which continues to stick to a policy of keeping out the virus with stringent curbs.

A recent flare-up in Shanghai has sparked concern the city could be heading for another lockdown. Concern that mortgage boycotts will lead to a rise in souring loans sent a gauge of Chinese bank shares to its lowest level since March 2020.

Chinese authorities held emergency meetings with major banks this week to discuss the mortgage boycotts on concern that more buyers may follow suit, according to people familiar with the matter.

上一篇:皇冠足网 --(www.hg108.vip)

下一篇:Tài Xỉu app:Bạn gái từng được Song Joong Ki nhắc tên trong phát biểu nhận giải

网友评论

  • 2022-12-11 00:01:06

    2.将鸡蛋打散,把米饭倒入鸡蛋液中,搅拌均匀;交书迷朋友~

    • 2022-12-17 10:17:48

      @新2会员手机管理端(www.hg108.vip) Dựa trên nhận định của lãnh đạo Ngân hàng Thế giới, Quỹ Tiền tệ quốc tế, đại diện IPP Air Cargo cho rằng tình hình biến động và bất ổn của thị trường hàng hóa toàn cầu hiện nay cũng như dự báo khó khăn của ngành vận chuyển hàng hóa trong vài năm tới do biến động giá nhiên liệu, nguy cơ suy thoái kinh tế diện rộng.很喜欢这个站,啥都有

  • 2023-01-01 00:00:10

      LTPO面板允许可变刷新率。将刷新率降低到极低的速率意味着它消耗的电能要少得多,这就是为什么 Apple Watch Series 5能够始终显示在屏幕上的原因。这写的也太好了。