Evergrande’s Economic Tremors Trigger Bank Run in Northern China
Several experiences say that the most important Chinese actual property developer Evergrande’s downfall triggered a financial institution run in northern China final week. The financial...
Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors
Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the present state of the market with the impact the U.S. Federal Reserve’s upcoming tapering course...
China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days
In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to...
Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector...
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares...