Friday 1 October 2021

China : Who would pay the Evergrande debts

 

The government of China has reluctant to involve in the Evergrande issue.

According to Taiwan media, Evergrande though is a part of government investment arm, as the debts are too high, thus the government decided to silence.

Who will be suffering the most ?

Leave your comment in the blog.


Gravitas: China's $300 billion debt bomb: Evergrande is missing payments

China's Evergrande is missing its debt payments. At least 70,000 retail investors have suffered losses. Molly Gambhir tells you how the crisis at Evergrande has popped China's real estate bubble.



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