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The situation in China continues to unfold and it just took a turn for the worse.

TOPICS AND TIMESTAMPS:

China’s Thorn 0:00

EVERGRANDE UNFOLDING 0:49

INFLATION’S GRIP 9:51

COAL FOR CHRISTMAS 12:38

Evergrande Moves Toward Restructuring as Debt Deadlines Loom - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-braces-for-evergrande-restructuring-after-months-of-tumult?utm_source=google&utm_medium=bd&cmpId=google

Evergrande Moves Toward Restructuring as Debt Deadlines Loom - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-braces-for-evergrande-restructuring-after-months-of-tumult?srnd=premium-canada

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Debt Restructuring Looms; Kaisa Bond Deadline: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-06/restructuring-looms-kaisa-payment-deadline-evergrande-update

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Repeat Chinese Defaulter Sunshine 100 Misses Another Payment - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-05/china-developer-sunshine-100-defaults-on-170-million-of-bonds

China-Africa Summit Should Be Wake-Up Call for West - Bloomberg

https://www.bloomberg.com/opinion/articles/2021-12-05/china-africa-summit-should-be-wake-up-call-for-west?srnd=premium-canada