How Evergrande Became China’s Biggest Financial Headache

Rebecca is a great host

the west still doesn't understand about china. as for this case, the west is focus on a private company go bankcrupt, while this is actually a government company under somebody's name only. So bail out or not bail out, is actually same.

This is a real bad disaster for China. Nearly 6 million people lost all their money and soon become bankrupt and homeless. This is a nightmare scenario. I hope they will find a solution to this otherwise it will be years of hardship for the people of China.

يمحق الله الربا

Now the current customers eat sweet potatoes and steamed bread. Twist story of evergrande boss rag to riches' poor life to be imitated by thousands or more customers.

Soros behind the scenes

The Chinese economy, everything is nice until it isn't then the same companies that the govt support they just throw them under the bus.
Sorry for the people who will lose everything but evergrande deserved this

The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.

Well this didn't go well...

Aged like milk.

China collapsed yesterday

Sad I hope its employees are okay. I love China Meiji she is beautiful that's my name for her. I hope also that the people can still live in these places and the roads and homes be completed. I wish this company and others all the best. Hopefully Buddha will bless them soon after such bad luck. I love you china. Love jing su xx

it might be profitable somehow if the govt confiscated all these property ? 🤔

These Bloomberg Quicktakes are excellent

China and communism is for the poor

At least China held greedy CEOs to account unlike America with the Lehman brothers

1990. The Economist. China's economy has come to a
halt.
1996. The Economist. China's economy will face a hard
landing
1998. The Economist: China's economy entering a
dangerous period of sluggish growth.
1999. Bank of Canada: Likelihood of a hard landing for
the Chinese economy.
2000. Chicago Tribune: China currency move nails hard
landing risk coffin.
2001. Wilbanks, Smith & Thomas: A hard landing in
China.
2002. Westchester University: China Anxiously Seeks a
Soft Economic Landing
2003. KWR International: How to find a soft landing if
China..
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in
China
2006. International Economy: Can China Achieve a Soft
Landing?
2007. TIME: Is China's Economy Overheating? Can China
avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a
way to recover.
2010. Nouriel Roubini: Hard landing coming in China.
2011. Business Insider: A Chinese
2012. American Interest: Dismal Economic News from
China: A Hard Landing
2013. Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China.
2015. Forbes: Congratulations, You Got Yourself A
Chinese Hard Landing..
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To
Crash?
2020. Economics Explained: The Scary Solution to the
Chinese Debt Crisis
2021. Global Economics: Has China's Downfall Started?
2022. Cathie Wood: China's COLLAPSE Is FAR Worse
Than You Think
2022. Business Basics: China's Economic Crisis, GDP is
Crashing, Protests Everywhere. China's financial crisis is
Here

You know if China would just open up their doors and make it easier for people in different countries to buy houses there and live there that should help evergrand quite a bit but China will not do that. Instead they keep their doors closed and they won't let us buy any property like houses I'm not talking about businesses I mean just a house to live and you know and going about my business. I have China would just open up and be more flexible like the United States or any other countries and be open arms about it they wouldn't be in this financial crisis maybe maybe. But the government there has to be like really nice I mean they can't just come in just you know you listen to the wrong stereo system or you listen to the wrong music and you know lock a dude up they can't be like that they got to be like more open. How else can you grow a great empire if you're not willing to be an empire to the world you see what I'm saying

Evergrande is a symptom of a sick system that has been developing for years.

What's a success story? Building houses with borrowed money? The success is selling them afterwards!

China will arrest Hui and put him in court and found guilty of something and make him suffer so that the people of china will have some satisfaction. If i was hui I would take my money and go USA and say bye bye China it your problem now. Time for me to live in western freedom and protection.