China Evergrande Group

China’s deflation may spill over into a world concern, economists say

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SHENZHEN, CHINA – MARCH 09: View of excessive industrial and residential buildings on March 9, 2016 in Shenzhen, China. Normal financial slowdown continues in China whereas the property value and inventory bubble faces threat. (Picture by Zhong Zhi/Getty Photographs) Zhong Zhi | Getty Photographs Information | Getty Photographs China’s financial challenges have given rise to … Read more

JPMorgan hikes EM default forecast as Nation Backyard drives China contagion fears

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Signage at a residential undertaking developed by Nation Backyard Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Pictures JPMorgan raised its world rising markets company high-yield default forecast, largely as a consequence of rising contagion fears in China’s property sector from a doable Nation Backyard default. … Read more