China: 150,000 home buyers in 80+ cities boycott payment of mortgages; stocks of banks lending to property firms hit | weehingthong

China: 150,000 home buyers in 80+ cities boycott payment of mortgages; stocks of banks lending to property firms hit

Posted on July 16, 2022 by weehingthong

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Chinese banks reported late last week extent of bad loans related to this specific exposure. The banks said risks are controllable. https://t.co/IEge1bJ7LF pic.twitter.com/8Yc1uU00Qi
— David Ingles (@DavidInglesTV) July 16, 2022

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