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bubbles, China, Evergrande, finance, investment, investors, property, real estate, Those Stubborn Facts, Wall Street
Share of global finance industry recommendations on China
investment that were “buys” at the start of this year, before its giant
real estate firms started going broke: 86 percent
Share of global finance industry recommendations on China
investment that are “buys” today, when its giant real estate firms
have started going broke: 87 percent
(Source: “Down Is Still Up for Foreign Investors Piling Into China,” by Nikos Chrysoloras and Abhishek Vishnoi, Bloomberg.com, October 16, 2021, China Stock Market: Down Is Still Up for Foreign Investors – Bloomberg)