looks like no bailout is coming
Who do they owe? The Chinese government?
looks like no bailout is coming
Who do they owe? The Chinese government?
Also their employeesLenders, suppliers and foreign investors all over the globe.
Also their employees
the more I investigate this there’s no way China doesn’t bail them out
Nah. If they knew the the government would bail them out, evergrande wouldn’t be blackmailing their employees.
lesdership huh?
Don't know if this has been posted yet
Relax Sheldonlesdership huh?
They already gave them loans and stopped making payments, that’s why they’re all showing up at the headquarters demanding their money back
They’re bothThose aren’t employees of the company, those are individual investors and people who threw their life savings to purchase a property that will no longer be completed if defaulted.
The fact that they were extorted for the loans changes thingsThose aren’t employees of the company, those are individual investors and people who threw their life savings to purchase a property that will no longer be completed if defaulted.