email rounding up the latestThe Chinese property sector has emerged as the biggest threat to the stability of the global economy, fuelling a “dramatic shift” out of emerging market stocks and into the US, according to a closely watched investor survey.
Its woes have deepened in recent weeks, as developer Country Garden missed payments on its overseas debt, exacerbating worries about a wider economic slowdown and dragging down the broaderThe company avoided a technical default last week by making the payments within a grace period.