Money

Will China Evergrade’s liquidation trigger a global real estate disaster?

Published

1 year ago

January 30, 2024

China Evergrande, real estate giant, has been ordered to liquidate, marking a significant moment in the ongoing crisis that has gripped the sector.

President Donald Trump has once again lashed out at Federal Reserve Chair Jerome Powell, claiming the U.S. economy could “slow down” if interest rates aren’t cut immediately.

Markets reacted sharply, with bond yields jumping and equities falling as investors brace for a possible standoff between the White House and central bank.

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