Chinese real estate firms have issued $69.32 billion worth of debt and equity so far this year, nearly tripling the figure during the same period last year, according to data provided by Dealogic.
Debt and equity issuance in 2015 by Chinese real estate firms totaled $103.47 billion, the highest on record. Such overall issuance this year is very likely to break last year’s record.
Expect More Inflation No Matter Who Wins the Election
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For many reasons, the Fed will struggle to contain inflation. This is part
one, deficit spending and interest on the debt.
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