Hong Kong court orders evergrande to liquidate. $300Bn in debt

[BaggerofTea]

They want to mess with Taiwan and they can't get their economy under control

Taiwan is literally 60 miles from its coast.


It's like saying the US wants to mess with Puerto rico

 

[Json]

Too big to fail?

CCP: Never heard of it

 

[Wiseborn]

$300B in DEBT...

That's gonna complicate China's recovery.

 

[Uchiha God]

AMC lambos

 

[CopiousX]

Bu bu bu China man got the #1 economy tho

Not really. all those projections about the surpassing the US were just as silly as the 80s estimates about Japan surpassing the US. They are about to hit the middle income trap that stopped Brazil in its tracks while simultaneously being stymied by their own plaza accords like japan faced. The global game is decidedly rigged in the favor of western powers. I predict that we will see the GDPs of theses two powers gradually seperate And the west will start another pump and dump scheme on a new country (india or vietnam for instance)

china gdp - Google Search

China is absolutely destroying the Hong Kong economy. Their stock market is collapsing. Expect another revolt soon.

Need to humble those uppity offshore-ers