Sources close to the Chinese Government have told Asia Markets a deal that will see China Evergrande restructured into three seperate entities is currently being finalised by the Chinese Communist Party and could be announced within days.
Remember that one time we payed frontier 7 billion USD to lay down high speed cable to all houses in america and they just… Didn’t do that and suffered absolutely no consequences.
This is how government bailouts should work.
Remember that one time we payed frontier 7 billion USD to lay down high speed cable to all houses in america and they just… Didn’t do that and suffered absolutely no consequences.
Difference between when the government is in control of the companies and vice versa.
Yeah, there’s a stark contrast between China and the west when it comes to having a functional government.