ccp will not bail out evergrande, it'll set a bad precedent that the ccp gomen can be messed around with if corporations are too big to fail.
people are gonna be very upset when this compnany goes belly up and the owner (xu) will be an ideal scapegoat for ccp to put on the chopping board to appease the crowd + to warn other big corpos not to overleverage. some normal folks gonna be collateral damage sadly.
This post has been edited by thxxht: Sep 20 2021, 11:02 PM
CHINA pumps money , evergrande stabilised?
Sep 20 2021, 11:00 PM
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