Citigroup, Credit Suisse stop accepting Chinese dollar bonds/How China's Real Estate Beast is formed

The real estate company, Fantasia Group, which has the backing of China's powerful red elite, has had its US bonds rejected as collateral by banks such as Citi.
In the coming year, Chinese real estate companies face a wave of peak repayments on their US bonds. This time, will the long touted gray rhino of a bursting real estate bubble in China arrive?

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