China’s Evergrande sells $1.5 billion bank stake amid crisis | World Business Watch| WION News

Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. Watch this report for more details.

#WorldBusinessWatch #BusinessNews #Evergrande

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[dharmavarta]

People expected China's economy to go down way before 2020.

The time for Chinese economic collapse has come. The stock market is also losing due China's new regulations.
Evergrande stock is 4% low ...
😁😁😁😁😁
Good for India. Jai Modi ji 🙏🙏🙏

[chuckmaddison]

What fool bought that ? North Korea maybe.

[gkdsama]

This guy is one of the most knowledgeable people I have heard on Wion.

[vishw]

wah bhai wah
cryna cryna, *aula bheekh de, bheekh de, bheekh de re, taali maar taali maar kya combination hain.👏👏👏

[fisherkieds]

It's 300 billion...1.5 billion...lol

[yongchen]

When a company wants to expand all sectors ( real estate, electric cars, entertainment, telecommunication, food services and etc) in the economy, it is looking for trouble both on the financial sheet and for its own survival. Greed drives it into domino collapse. Amani’s alliance limited better watch out and learn from evergrande. You can’t be in everything !

[ghanshyamhemade]

How many chinese people / corporation's missed their due payment's?
Will they get payment atleast in the next 3 month's?

[dreamygates]

and what about lndian? last year their economy was 3.7 trillion, it dropped to 2.8 trillion at its lowest this year. lost 3 times more than evergrande. this mismanagement is one company wheras lndian mismanaged their entire country this year. lndian economy 3.1 trillion, china 17.3 trillion

[bullforcetrading]

The market is way overdue for a correction. Combine that with Evergrande, China's power issues, supply chain chaos and rising inflation. Things don't look that good.

[vishw]

cries of ever grande, HK protesters, tian nammen victims, uig hur muslims, jailed activists, we ha-aa nu victims and whistle blower doctors heard in background.

[uiop]

Dalio said Evergrande is no Lehman moment too. Dalio went further to say that Evergrande is handleable. This is the only time I've ever disagreed with Ray Dalio. I must be missing something. Evergrande seems almost systemic, so many interfaces and ties within China, even externally.

[porkysharma]

I have said before, the US will never default, but collapse under its own inflation spiral.

[ranashome]

The pronunciation and accent of this Anchor is not upto WION’s standards.

[chadsmith]

The guy being interviewed is HIGHLY delusional!!! OR HES JUST LYING!!!

[uwanttono]

Waited until 5'56" before they talked about Evergrande!! Clickbait crap!!

[thevictorianconservative]

Is this dude high??? Or just delusional

[smithmalon]

The rich sees an economic crisis as a garage sale, also the rich stays rich by investing and diversifying their portfolio with stocks, Crypto currency and Forex trading which is the wisest thing every individual needs to do, and it's real profiting....

[PoombaiNews]

Chyna is still cleaner than mumbai, dehli and all that sorta scam center hole tho...🤣🤣

[remmy]

Investing in bitcoin is the best investment anyone can do this seasons, because bitcoin investment made a lot of people millionaires

[shirin]

please end the violence against Muslims in your country.