Imminent China Evergrande deal will see CCP take control
asiamarkets.com
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.
    • @AgreeableLandscape
      3•3 years ago

      Difference between when the government is in control of the companies and vice versa.

    • ☆ Yσɠƚԋσʂ ☆OP
      2•3 years ago

      Yeah, there’s a stark contrast between China and the west when it comes to having a functional government.

  • @CriticalResist8@lemmygrad.ml
    3•3 years ago

    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.

  • ghost_laptop
    3•3 years ago

    jUStTT liKKKee th3 LEHmaNNN vrhOOthERRRRSSSSSSSSSSSSSSSSSSSSSSSSSSSS CHINA VAAAAAAAAAAAAAAAAAAAAAAAAAAD