The real estate company, Fantasia Group, which has the backing of Chinas powerful red elite, has had its US bonds rejected as collateral by banks such as Citi. In the coming year, Chinese real estate companies face a wave of peak repayments on their US bonds. This time, will the long touted gray rhino of a bursting real estate bubble in China arrive? Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsightsail.com Facebook www.facebook.com/EyesOnChina. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned. The post Citigroup, Credit Suisse stop accepting Chinese dollar bonds/How Chinas Real Estate Beast is formed appeared first on Patabook Real Estate.
source https://patabook.com/blogs/109825/Citigroup-Credit-Suisse-stop-accepting-Chinese-dollar-bonds-How-China
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