>>eswat+(OP)
To maybe offer a different perspective:
I think the Canadian mortgages linked to Chinese accounts will likely all be paid.
What may be happening is that there is a lot of underground chinese financial activity that is not recorded in Canada and part of this 'network' is utilized to get money out of china.
>>Sunlig+bn
> think the Canadian mortgages linked to Chinese accounts will likely all be paid
Out of curiosity, why? China's stock market is melting down in the midst of persistent deflation. A lot of people who thought they had liquidity may not anymore. Beijing could open the taps, but then that puts pressure on the currency.