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Evergrande and the economy of China

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Evergrande and the economy of China
The Duran: Episode 1098

Evergrande Rocked By WSJ Report China “Making Preparations For Its Demise”, Conflicting With Earlier Bloomberg Report

Evergrande Rocked By WSJ Report China “Making Preparations For Its Demise”; EV Unit Stops Paying Staff, Suppliers

Update (0810ET): Piling on to the chaotic swings in Evergrande, Bloomberg reports that the embattled property developer’s electric-car unit has missed salary payments to some of its employees and has fallen behind on paying a number of suppliers for factory equipment, according to people familiar with the matter.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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sharon Golgan
sharon Golgan
September 25, 2021
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I RECEIVED A NOTICE FOR ME TO UNSUBSCRIBE BECAUSE BECAUSE i HAVEN’T OPEN UP YOUR NEWSLETTER. i watch you all the time on YT. I love both of you dearly and hope you aren’t offended. I have lost so many this year on YT and I subscribed to your channel just in case YT tried to remove you also. I consider what I learn from you helps me understand this world a little better than most. Thank You for what you are doing. Sharon

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therevolutionwas
therevolutionwas
September 26, 2021

I always wonder if China isn’t just “playing along” with the west economically being that they have tons upon tons of gold and silver to back up their economy ultimately.

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