2021 financial crisis - the reality of Chinese economy & real estate bubble

Will China’s Evergrande crisis burst the real estate bubble and turn into a financial crisis? Will Beijing save Evergrande to prevent China’s debt problems further declining the Chinese economy? Desmond Shum’s Red Roulette offers insight into the world of Chinese real estate developers. It’s time for a financial reality check.

Time Codes:
0:00 The Evergrande crisis
2:56 Fiscal problems China
4:10 Hui Ka Yan & high yield bonds
6:25 Soho China, Sunac China
7:21 Red Roulette

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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:

English:
China Evergrande Shares Jump on Plans for Special Dividend - Bloomberg

Chinese:

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OUR PLAYLISTS:

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#2121financial crisis #Chinesefinancialcrisis #realestatebubble #evergrandecrisis #evergrande #Chineserealestatecrisis #Chinasdebts #financialrealitycheck #Chineseeconomy #Chineseforeignreserves #sohoChina #financenews #Chineserealestatedevelopers #stockmarketnews #redroulette #desmondshum #XuJiayin #SunacChina

[ronaldmarcks]

Yours is the most informative channel anywhere. Thanks.

[JackBWatkins]

Market Growth built on finding a greater fool than yourself to bid up values always ends badly. Thank you for putting China’s economy in perspective.

[quahgalaxys]

The steel industry is also in turmoil. The steel mill in Tianjin is in the news. Love to know more about this situation.

[MrMigido]

Evergrande is just the centre stage... The supporting cast is bigger than an acrobatic circus.
Get your money out of the banks while you can.


Thank you Lei

[MegaSnowman]

A honest and unbias reporting.
Subscribed!

[jeffroderick]

Thank YOU LEI... GOD Bless Always KID GIRL

[oppopooop]

Now I understand why the CCP taking money from Alibaba etc.
They have run out money.

[BlueNETGaming]

Very well put together videos, thanks for keeping us informed so we don't have to only go by the bs our news outlets report 💖

[Branchferns]

Great content Lei, looking forward to watching more.

[rogersheddy]

Yay! It's Lei! Again, in best fashion!

The Explication makes it all clear.

[TimothyCHenderson]

Kudos's on matching your outfit to your mug. 👍
Very informative video! I've watched a lot of Evergrande video's in the past few weeks and none of them mentioned the details you provided. Good job.

[vmthai]

Very informative and well paced videos.

[rodh]

Frightening video. Very interesting. Thanks.

[stevecam]

Always find your reports very interesting. The dominoes have started to fall. Thanks for your excellent work Lei.

[lonihollenbeck]

'The scoop, the whole scoop and nothin' but the scoop.'

[lel]

It was unavoidable and predictable from the beginning that the bubble will burst one day going by this step. It was all calculated, there is no coincidence.

[selespeed]

very educational video. i like it. going to listen to the "red roulette" audibook

[DBoy]

Wow great content. Thanks for the breakdown. Is there any evidence for the counterargument? That this crisis can be averted?

[aristoclesathenaioi]

I feel terrible to the people who bought apartments from Evergrande.

[rayfleming]

Should we expect a huge drop in new land sales causing government at all levels to have significant shortfalls?