Evergrande Crisis Pushes China Builders to Avoid Bond Defaults

The video discusses the current state of bond payments in China, highlighting a $150 million payment due and the potential market contagion. The focus has shifted from Evergrande to other developers like Modern Land and Xinyuan, who are proposing delays or reductions in bond payments. The Chinese government is observing the situation, while U.S. dollar high-grade bonds in China yield over 17%, indicating market stress.

What has been the focus of the market shift away from?

What is the current yield of U.S. dollar high grade bonds in China?