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BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can't have enough cash. step in and pro...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

been chasing this property bubble, and in order to create this bubble, offering very very high returns and it works for quite a while because property prices were going up and everybody was sort of a win win for everybody. the everybody was sort of a win win for everybody-— for everybody. the property developers _ for everybody. the property developers could _ for everybody. the property developers could throw - for everybody. the property developers could throw up i developers could throw up buildings that people thought that they needed, and investors would get the returns of ten...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

the firm has a sizeable exposure to china's real estate industry that has been rocked by serious financial problems like evergrande and country garden. having a look at how this impacts the chinese economy i have been speaking to andrew collier, an expert on shadow banks. the bigger threat is not so much a meltdown like the united states had in 2009. that occurred because there was lots of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. went down, those products very china, most of its debt is held in these ...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. however, the bigger issue is debt. overall, the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the central of government is very reluctant to step in and probably can't have enough cash. under the circumstances, what needs to be done? the government has to make decisions on allocating d...

MSNBCW Chris July 2, 2024 - Vimarsana News

MSNBCW Chris July 2, 2024

jansing. israeli soldiers conducting a targeted raid searching the medical complex for hamas, something the idf calls an operational necessity, but it's one that sparked massive pushback from the u.n. and perhaps the strongest statement yesterday from the biden white house. how might what happened inside the hospital today change the face of this war? >> the victory in the house, a bipartisan group of lawmakers passing a stopgap bill and kicking it to the senate with just days to go before a possible government shutdown, but it is also just a band-aid on a gaping wound. so what will ...