China’s Plan to Manage Evergrande: Take It Apart, Slowly

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Some feared Evergrande would collapse spectacularly, upending global markets. Instead, China is slowly dismantling the company behind the scenes.

Beijing is working on a controlled implosion of the real-estate giant, selling off some assets while limiting damage to home buyers and businesses Unfinished buildings at Evergrande’s Health Valley development on the outskirts of Nanjing, China, Oct.

 

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This company will be new-styled state owned company.

The greatest financial test for Chinese authorities. Would be a very interesting case study to learn from if they are able to pull this off.

They’re returning to communism Bc capitalism built the machine. You really needed to get someone who understands culture on staff.

Wait! This is exactly the kind of deal The Former Guy would see as a can't miss biz opportunity. He just needs to raise a bit more money from Putin.

Should be managed different options access to sell to rent time cheering that was built for a need make it happen with new financial proposition they have to take some lost 60% make it viable

$DOGEZILLA has made people millionaires in just 10 days. No shit. Google it. $$$

thanks

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Investors await Evergrande's overdue $148 mln payment as debt woes growConcerns mounted about a deepening liquidity crisis in the Chinese property sector on Wednesday ahead of a deadline for cash-strapped China Evergrande Group to make an offshore bond coupon payment.
Source: Reuters - 🏆 2. / 97 Read more »