Evergrande crisis worsens, Xi Jinping's officials fear serious knock-on effect on economy

China's Evergrande unit ordered to pay out $1.1 billion after it failed to meet debt obligations. The developer is again looking to sell Hong Kong headquarters via tendering process. China's new rules on how much developers can borrow dealt a big blow to Evergrande, one of China's largest real estate developers. It relies on borrowings and was forced to sell assets at discounts. The group recently failed to meet a self-imposed deadline for the restructuring proposal. Watch this video to know more.

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[rajindian]

Maintaining success for long time is difficult task than achieving success...

[mayurrathod]

Update 📣📢
INDIA's commonwealth games medal tally

Gold 🥇:- 3
Silver 🥈:- 2
Bronze 🥉 :- 1

Total 🏅 :- 6

Weightlifting 🏋️ :- 6

Come on INDIA 🇮🇳🇮🇳🇮🇳👏👏

[tourmanageramolkanitkar]

It's the karna hitting back hard. They made the economy of the whole world bleed, now they are bleeding.
KARMA and the CURSE of those:
01 Who have lost someone because of the pandemic and were not even able to perform the last rites of the departed
02 Those who have lost their jobs due to the pandemic
03 Those who have suffered shut down of business
04 All students whose academic year has been destroyed has started hitting back hard, very hard. Serves them right

[rajindian]

If this will be crumble, then This will be example of giant companies who taking heavy loans & diversifying thier business non expertise area, just thinking to capture market also failed real State business, because of improper balance sheet & improper

[radiongamturexy]

🇻🇳Ho Chi Minh City (Vietnam) thank you my friend for sharing good video. I really like your video. Have a nice day my friend. Greetings from Vietnam to you..👍💕💜

[swarnabhopaul]

without proper planning taking huge loans is stupidity

[Secularismkasecurityguard]

China insights channel gives you all about China .

[sathishkumar-dtzc]

China needs a reset with a new administration, be it democratic or communist. The current state of Chinese foreign affairs is very bad and a liability for the whole world.

[maheshpandit]

Harming other silently can create grave at the backyard

[tuathaukui]

Mean while the whole India in crisis, and India big brother the US in super crisis, the stagflation

[manimew]

Please make content "hearable". Nobody who is used to "listen" good things while driving to office will be able to "see".
Hearing is better for such people. Even if I wish I could get information by hearing this, i have to skip because I have to read

[aliocal]

Başkan jinpink'e sayğılar, Dünya + bütün gezegenler satranç şampiyonu

[simonelifestyle]

Duniya ki lagane gaye the, khudki lag gayi...Time is the best killer and healer too

[ROHITKUMAR-slpj]

Investors need to think twice before putting their money in sinking ship....

[Cracaphat]

Like the background music.Had to Shazam it to find who it was.

[miked]

Moral of the story! Quarantine Chinese garbage economy and make it a pariah so that none ever thinks of touching it ever again.

[pritipatel]

Short term n artificial growth show off ways to become super power always turn out disastrously...

[KJSvitko]

China's economy is in slow decline. The virus lock downs will speed it up.
Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.

[MayankSharma-vzof]

India needs more leaders like Xi jingping who is working tirelessly for the destruction of Chinese economy

[sarvottamsingh]

And one day Adani will fall same under mudi
Har har mahadev 🙏🏻