☆ Yσɠƚԋσʂ ☆ to China • 3 years agoChinese Government will restructure Evergrande into three separate entities transforming the property developer into a state-owned enterprise.asiamarkets.comexternal-linkmessage-square6arrow-up19arrow-down10cross-posted to: china@lemmy.mlzhong1guo2
arrow-up19arrow-down1external-linkChinese Government will restructure Evergrande into three separate entities transforming the property developer into a state-owned enterprise.asiamarkets.com☆ Yσɠƚԋσʂ ☆ to China • 3 years agomessage-square6cross-posted to: china@lemmy.mlzhong1guo2
minus-square@CriticalResist8Alink3•3 years agoProbably the best outcome. Many people had invested their life savings into Evergrande, the CPC can’t just let them lose everything. Or let me rephrase that for my american comrades. The CPC won’t let them lose everything.
Probably the best outcome. Many people had invested their life savings into Evergrande, the CPC can’t just let them lose everything.
Or let me rephrase that for my american comrades. The CPC won’t let them lose everything.