What a Day!
Each trading day, on the closing bell, we discuss the significant economic events, earnings reports, and financial news which impacted today's markets.
Join me, won't you?
Well, when it comes to China, all roads lead to Evergrande, the big real estate firm which has an estimated $300 billion (US) in debt. Debt which is spread around various banks, financial lenders, and of course the Chinese Bond market.