What did we just post on China?

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

October 14, 2023

JUST IN: A bank run has begun in China at the Bank of Cangzhou on fears that the collapse of Evergrande made them insolvent.

Just a couple months ago, China's largest property developer, Evergrande, filed Chapter 15 bankruptcy.

This week, Country Garden, another major Chinese… pic.twitter.com/AsSPxeGweu
— The Kobeissi Letter (@KobeissiLetter) October 14, 2023