U.S. Commercial Real Estate Seems Safe From China's Troubles

U.S. Commercial Real Estate Seems Safe From China's Troubles. That Could Change Fast.

Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.

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