China's Property Bond Crash Spreads as Homebuyers Revolt

The video discusses the challenges in differentiating credit risk in China amidst its property crisis. It highlights the spread of financial distress from high yield names to strong investment-grade players like Vanka. The collapse of China's property cycle is marked by plummeting bonds and payment struggles, leading to a record wave of defaults. The situation is exacerbated by home buyers revolting against undelivered homes, posing a risk of social unrest, which authorities are keen to avoid.

What actions are home buyers taking in response to their fears regarding home delivery?

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What risks are authorities in China trying to avoid related to social unrest?

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