CHINA IS COLLAPSING

>Evergrande crisis locks Chinese developers out of global debt market
>Industry’s issuance of dollar bonds slows to a trickle in the first quarter of 2022

>High yield dollar bond issuance by Chinese developers during the year to date is down a record 97 per cent compared to the first quarter of 2021, according to Financial Times calculations based on data from Refinitiv.
>So far just two deals worth less than $295mn in total have gone through, compared with more than $8.7bn in the first three months of last year raised across 30 deals. At the same time, developers’ costs to borrow on international markets has leapt to an all-time high.
>The drought in issuance and soaring borrowing costs highlight how the crisis at Evergrande is bleeding more widely across the market, and may make it prohibitively expensive for companies in the sector to either raise new debt or refinance existing borrowings. Mounting worries about disclosures from property developers have added to the angst.
>“There’s hardly any [deals] being done,” said the head of China debt capital markets at one international bank, who added that even larger, more robust developers were beginning to feel pressure from the lack of ready access to global capital markets. “All of them have some debt maturing...”

>Rising yields, which make it more expensive for developers to access the cash they need to run their highly indebted businesses, also signal a significant further deterioration in market sentiment from early February, when they traded close to 20 per cent.
>The average yield on a Bank of America index tracking Chinese high-yield bonds jumped to 32.9 per cent in March, beyond the previous high of almost 32 per cent in 2008, at the height of the global financial crisis.

tldr: debts accruing, no new investment, old investors pulling out, record capital outflows from China = Chinese asset bubble is finally bursting

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>two more weeks
Admittedly it's a nice break from hearing you assmangled poles bitch about Russia

Than diversity power finally get win ?

>that unbarred hand holding action in the background

L-LEWD

That's a japanese woman, complete with anime-shoujo snaggle-toothed canine incisor, enjoying the warmth of the Japanese Rising Sun (I guess that corresponds with the idea of China going downhill).
"Are! Tenkii wa atsui desu!"

couples are a rare sight in Finland?
bro...all of this chinese geedeepee growth was from construction...no one is buying...it's all on credit...and now they won't receive credit anymore...

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so about 14 more days, right?

yeah about 2 more weeks until mariupol falls

At least you've admitted the source of your butt pain

You were wrong about the three gorges dam. You wasted a year + in a schizo general all because you didn't understand how to read a google map. You lost.