When investor demand for Chinese property debt was approaching its peak back in 2018, a banker could pull together the makings of a multi-million dollar deal during a Saturday boat trip around Hong Kong’s harbor and barely look up from her drink while doing it.I remember writing something about this specifically...oh yeah: China Will Nuke Foreign Investors From OrbitNow, the $203 billion market—which once yielded several deals a week and padded portfolios across the world from Pimco to UBS—is all but dead. And offshore investors are swallowing almost all of the losses.
Jim Chalmers spins household income fairy tales
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Last year, Treasurer Jim Chalmers presided over the biggest decline in real
per capita household disposable income in the world, with Australian
househol...
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