How China's Model of Dictated Economic Growth Blew Up ...
Chinese property developers, such as Evergrande, all together have $5.2 trillion with a T in debt, according to estimates by Nomura, cited by the Wall Street Journal. Of that $5.2 trillion in debt: 46% are bank loans – so that's about $2.4 trillion in bank loans to just property developers. 10% are bonds, so that's about $520 billion in ...