China’s Liquidity Crunch Slams Importers Who Are Defaulting, Reneging On Deals

Source: Zero Hedge Over the past month, we have explained in detail not only how the Chinese credit collapse and massive carry unwind will look like in theory, but shown
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Mega Default In China Scheduled For January 31

Source: Forbes On Friday, Chinese state media reported that China Credit Trust Co. warned investors that they may not be repaid when one of its wealth management products matures on
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The default has already begun

Source: Reuters The big question in Washington this week is whether, in the words of the NYT, we’re going to see “a legislative failure and an economic catastrophe that could ripple
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