Evergrande Crash Part Of Xi Jinping’s Blueprint To Build An Ideal China?

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Evergrande, China’s biggest real estate company is on the verge of bankruptcy. But like the US government which came for the support of companies during the 2008 crash, Xi Jinping may not do anything. Over the past year, China has targeted tech giants as the disparity between the rich and the poor grows. China also believes if Evergrande fails it will burst the real estate bubble in the country. Presenter: Zakka Jacob #Evergrande #China #BusinessNews

Will China Rescue The Troubled Property Group Evergrande?

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Fears that one of China’s biggest property developers could default on its debt are rippling through global markets. The vast Evergrande group has outstanding debts of more than $300 billion. Building work on many of its projects has stopped, and several investors have stopped getting paid. On Friday, the company entered a 30-day grace period to make an $83 million interest payment, after missing a deadline. The firm’s woes have been compared to the collapse of the Lehman Brothers group in the U.S. in 2008. So, what would a possible collapse of this company mean for China and the world? Presenter: Kim Vinnell Guests: Gareth Leather – Senior Economist at Capital Economics. Victor Gao – Chair Professor at Soochow University, and also Vice President at the Centre for China and Globalisation. Adam Hersh – Visiting Economist at the Economic Policy Institute.

SKY – ZOMBIE Evergrande Will Not ‘Collapse Immediately’

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Business Commentator Terry McCrann says one of China’s biggest property developers Evergrande is “not going to collapse immediately” despite owing approximately $300 billion USD in debts.

INSIDER – Xi Jinping ‘Playing Hardball’ in China

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Founder of the Switzer Report Peter Switzer says Xi Jinping is “playing hardball” as part of a crackdown on China’s real estate sector. Mr Switzer said the Chinese president was “basically saying companies cannot hold too much property”. “So, in many ways, they had to actually discount sales and start moving properties – which undermines the whole very nature of excessive debt. “Probably two years ago, you would have thought that China was a decent corporate citizen, but over the last two years, they’re really playing hardball. “Not even only locally in their own country, but internationally.”

China’s ZOMBIE Evergrande Default Concerns Loom Large On Nervous Market

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Trading has been volatile in Asian markets amid concerns about the possible collapse of heavily indebted Chinese property giant Evergrande have sent stock markets and shares of property firms plunging. The company is more than $300bn in debt. Despite the growing crisis and its ripple effect on stock markets, the Chinese government is yet to step in and bail out the firm. Al Jazeera’s Katrina Yu reports from Beijing, China.

ZOMBIE Evergrande Scrambling To Repay Its Lenders Due To A Cash Crunch 

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

Evergrande is scrambling to repay its lenders, suppliers, and investors due to a cash crunch. The Chinese property giant is on the brink of collapse.

CHINESE PROPERTY HOUSE OF CARDS – ZOMBIE Evergrande’s Moment Of Truth As Bond, Bank Loan Deadlines Near

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

This week could present a moment of truth for China Evergrande Group. The heavily indebted developer is facing key loan and bond interest payment deadlines. Bloomberg’s Stephen Engle reports on “Bloomberg Daybreak: Asia.”

CHINESE REAL ESTATE CRASH – Zombie Evergrande Collapse To Topple China’s Economy

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

In China, embattled real estate ZOMBIE giant Evergrande faces a major moment of truth this week. The company owes an estimated 300 billion dollars, and is expected to default on bond payments. Evergrande operates and develops 1,300 real estate projects across China and employs 200,000 people. The company financed its breakneck expansion with credit and bond issues. But the pandemic has paralyzed its operations. Its debt equates to two percent of Chinese Gross Domestic Product. Evergrande was always thought to be ‘too big to fail.’ If it topples it could take a number of banks down with it, like Lehman Brothers did in 2008. The risk of defaulting has prompted a sell-off. Evergrande stocks have lost 80 percent of their value since the start of the year.

‘China’s Lehman Crisis’ Beijing Facing Financial Crash With Collapsing Property Market

Become a Patron!
True Information is the most valuable resource and we ask you to give back.

http://www.berndpulch.org

THE ONLY WEBSITE WITH THE LICENSE TO SPY!

A massive economic crash is looming in China that could reverberate across the globe after $300 billion real estate debt and Beijing’s efforts to suffocate the nation’s tech sector. The world’s stock exchanges are getting nervous and fear a chain reaction across the globe. Financial analysts from Hong Kong said: “It could become China’s Lehman crisis.”

CHINESE REAL ESTATE CRASH – Xi Pumps $ 14 Billion In The Market

SUPPORT THE FREEDOM OF AFGHANISTAN

HELP THE AFGHAN PEOPLE DIRECTLY

Become a Patron!

HELP THE CHILDREN OF AFGHANISTAN DIRECTLY

https://afghannewswire.com/

China’s Evergrande Group – the world’s most indebted real estate developer – has offered to pay back some of its investors with some of its properties. The company has been struggling to raise funds to pay debts estimated at $300bn. If it fails it could affect China’s economy – the world’s second-largest – but China pumped more cash into its banking system on Friday to avert a liquidity squeeze. Al Jazeera’s Laura Burdon-Manley reports.