Home » Posts tagged with » ZeroHedge

China’s Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default

China’s Evergrande Makes Last Minute Interest Payment On Dollar Bond, Avoiding Default

BY Tyler Durden | ZeroHedge In a surprise 11th hour development, China Evergrande made an overdue interest payment to offshore bondholders, the state-owned Securities Times reported Friday, an unexpected move that allows the property company to postpone – if not avoid – a default. The Chinese property developer sent $83.5 million to the trustee for […]

Jim Chanos: China’s “Leveraged Prosperity” Model Is Doomed…And That’s Not The Worst Of It

Jim Chanos: China’s “Leveraged Prosperity” Model Is Doomed…And That’s Not The Worst Of It

BY Tyler Durden | ZeroHedge Authored by Lynn Parramore via The Institute for New Economic Thinking, Famed short-seller is even more concerned with political fallout from Evergrande than economic/financial woes. Renowned short-seller Jim Chanos, founder of Kynikos Associates, is what you might call the “ever-bear” of China. For more than a decade, he has warned that the […]

Evergrande Shares Tumble On Sale Failure, 97% Plunge In Sales As Markets Brace For Chinese Default Avalanche

Evergrande Shares Tumble On Sale Failure, 97% Plunge In Sales As Markets Brace For Chinese Default Avalanche

BY Tyler Durden | ZeroHedge After weeks of being halted for trading since the last day of September, on Thursday trading in shares of China’s most insolvent property developer, Evergrande, resumed. In retrospect, it was not a great idea. Evergrande shares slumped as much as 14.2% after the debt-strapped developer sought unsuccessfully to sell a controlling […]

“Astounding Progress” – China Tested Hypersonic Weapon That Flew Around The World

“Astounding Progress” – China Tested Hypersonic Weapon That Flew Around The World

BY Tyler Durden | ZeroHedge In Joe Biden’s America, a U.S. Army Major General took to Twitter to complain about the Army’s policy on French manicures. At the same time, reports surface the Chinese are busy launching a hypersonic weapon that flies around the world.  Major General Jo Clyborne’s first-world problems are no place for Twitter […]

Damn you to hell – You will not destroy America | An Open Letter on the Pandemic and Governmental/Medical Overreach

Damn you to hell – You will not destroy America | An Open Letter on the Pandemic and Governmental/Medical Overreach

In case you haven’t seen it we are posting the “Spartacus Letter”.  Though the pdf has vanished from some sites we still managed to download this version via Zerohedge, which put  the document on their site September 27, 2021. COVID-19 – The Spartacus Letter (V2-2021-09-28) As was written on The Automatic Earth blog: “This is an […]

“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets

“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets

BY Tyler Durden | ZeroHedge The US bond market may be closed, but it was fully open in China, and locals took advantage of this fact to do one thing: sell. In the aftermath of our viral post “”Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play“, China property firms bonds were hit […]

“Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play

“Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play

BY Tyler Durden | ZeroHedge No matter how the Evergrande drama plays out – whether it culminates with an uncontrolled, chaotic default and/or distressed asset sale liquidation, a controlled restructuring where bondholders get some compensation, or with Beijing blinking and bailing out the core pillar of China’s housing market – remember that Evergrande is just […]

Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

BY Tyler Durden | ZeroHedge As we expected, Evergrande is only the first cockroach. With the world waiting to find out the fate of a $260 million bond issued by Jumbo Fortune Enterprises which is guaranteed by Evergrande, and which has no grace period so an event of default could take place as soon as this week (the […]

Beijing Orders Energy Firms To ‘Secure Supplies At All Costs’

Beijing Orders Energy Firms To ‘Secure Supplies At All Costs’

By WND News Services (ZEROHEDGE) – China is officially panicking. Now that the global energy crisis has slammed China’s economy, leading to the first contractionary PMI since March 2020 as a result of widespread shutdowns of factory and manufacturing, not to mention hundreds of millions of Chinese residents suffering from periodic blackouts, Bloomberg reports that China’s […]

China’s Marxist “Profound Revolution” Is Here, And Nobody In The West Is Ready

China’s Marxist “Profound Revolution” Is Here, And Nobody In The West Is Ready

By Michael Every, global strategist at Rabobank Developments in China continue to confound market optimists, with new talk of a “profound revolution” towards a new target of “Common Prosperity” Rather than simply react to these events, we analyze the history of Marxist-Leninist-Maoist Thought to try to put current moves under Xi Jinping Thought in a […]

Page 1 of 212