It's far more wide spread. Industrial prices jumped more than 10%. almost the entire country is under electricity curtailment, their ports and manufacturers are stacked to the rafters with goods they can't put on a boat (because the boats are all drifting outside the port of Long Beach
).
Several developers are unable to meet obligations.
It'll be interesting to see how the CCP will handle these defaults. If allowed to continue, it will lock up their economy like throwing a stick through the front wheel of a bicycle.
