Evergrande sinking: The real bosses don't want to lose their wealth/Massive creditors have no hope.

#Chinainsights#Evergrande#Chinanews
China's Evergrande, the world's most indebted real estate developer, is on the verge of collapse, a collapse that would have a huge impact on global financial markets. At the end of August this year, two pieces of news about Evergrande drew international attention: First, on August 16, Evergrande was investigated by Xi Jinping's authorities for suspected violations of information disclosure laws and regulations.
Secondly, on August 17, Evergrande filed for bankruptcy protection in the U.S. District Court for the Southern District of New York to save itself. Why did Evergrande go to the U.S. to seek protection on the second day of the investigation by XI Jinping's administration? What is the secret behind it? In this episode, we will explore this topic.

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Видео Evergrande sinking: The real bosses don't want to lose their wealth/Massive creditors have no hope. канала China Insights