FTAlphaville with a good post, which I would describe as the China best case.
Plenty of pixels have been devoted to China’s property problems — especially as the grace periods on Country Garden bonds slip away.
Now Goldman Sachs has a handy Q&A out with a summary of its main analysis on the country’s property-sector collapse, where the bank tries to unpack the potential implications for its financial system and markets. So we thought we would cover some of the main points.
