Evergrande default, Chinese shipbuilding bankruptcies, Chipmaker Tsinghua Unigroup facing default in the billions....what the hell is happening? Can the CCP bail these outfits out? Hang Seng seems stable. Will it cause a worldwide dip? Nobody saw the collapse of the Soviets coming...but they were not big players in global economy. As Maggie Thatcher loved to say...eventually you run out of other peoples money.
