China’s ongoing real estate crisis is threatening the country’s economy, leaving many global fund managers wary, according to a September poll by the Bank of America. The poll surveyed 222 global fund managers with $616 billion in assets under management and found investors are bracing for a further decline in China’s stock market. Bank of America said the “avoid China” sentiment has become one of the main opinions among those who were surveyed. One-third of surveyed fund managers cited Chinese real estate as the most likely source for a “systemic credit event,” doubling the percentage from the previous month. Over one-fifth of responders said shorting China’s equities would be the most crowded position in the financial markets....Read more https://www.theepochtimes.com/china/poll-reveals-concern-among-global-investors-over-chinas-real-estate-crisis-5492714