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The Solar Group Shanghai Chaori Solar Energy is not able to pay its interest on bonds. The first official loan default in China. Experts say that the country could now experience its "Lehman momentum".
The money supply in China has increased more than tenfold since 1999. This is totally crazy. The government will try everything possible to mitigate the effects of the bursting of the bubble. Nevertheless, the impacts, such as the real estate sector are likely to be devastating, given the horrendo…
The money supply in China has increased more than tenfold since 1999. This is totally crazy. The government will try everything possible to mitigate the effects of the bursting of the bubble. Nevertheless, the impacts, such as the real estate sector are likely to be devastating, given the horrendo…