China's banking system is in free fall and the country's real estate losses could hit $4 trillion, veteran investor says

China's banking system is in free fall and the country's real estate losses could hit $4 trillion, veteran investor says

Upworthy

Published

None China's banking sector is in free-fall, according to market veteran Kyle Bass. • None The Hayman Capital CIO estimated China could see at least $4 trillion in real estate losses. • None An unchecked boom in real estate development in China has led to a deep crisis, experts say. China's…

#kylebass #andrewrosssorkin #greatfinancialcrisis

Full Article