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Poetry News · @haikubot
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Raymond Scott Pert · @raymondpert
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China's Evergrande says it is asking for US court to approve debt plan, not filing for bankruptcy - ABC News

>BEIJING -- A giant Chinese real estate developer that is struggling to avoid defaulting on $340 billion in debt said Friday it is asking a U.S. court to approve a restructuring plan for foreign bondholders and rejected what it said were news reports that suggest it filed for bankruptcy.
abcnews.go.com/Business/wireSt

#Economy #Evergrande #China

Last updated 1 year ago

Raymond Scott Pert · @raymondpert
1410 followers · 438 posts · Server mstdn.social

- : restructuring amid worsening crisis is Neverland fantasy

>The company’s default initiated the country’s current property crisis.
It has pledged to restructure. But this means little when the entire real estate sector is going through a crisis that threatens broader Chinese financial stability

On Thursday, Evergrande applied for Ch.15 bankruptcy protection in New York. Restructuring proceedings are under way in Hong Kong and the Cayman Islands too. archive.fo/2023.08.18-111401/h

#Evergrande #China

Last updated 1 year ago

Raymond Scott Pert · @raymondpert
1397 followers · 391 posts · Server mstdn.social

China's Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court - CNA

>NEW YORK: China Evergrande, which is the world's most heavily indebted property developer and became the poster child for China's property crisis, on Thursday (Aug 17) filed for protection from creditors in a US bankruptcy court.
channelnewsasia.com/business/c

#Evergrande #Economy #China

Last updated 1 year ago

🇺🇲 watson :dealwithit: · @watson
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Max · @tuckfrump
5 followers · 35 posts · Server mstdn.social

@AlexandraB Conveniently, the article makes no mention of Chinese investment , such as , as one would expect from an expert associated with a Chinese government-supported think tank:
cnbc.com/2023/03/31/chinas-ban

China has been doing battle against US-based credit rating agencies for quite a while now, so who knows what's in the Chinese system. Like them or hate them, credit rating agencies provide information that the CCP does not control.

#Finance #Evergrande #bankruptcy #realestate

Last updated 1 year ago

fruchiante :verified: · @fruchiante
58 followers · 825 posts · Server mstdn.social

@censelio la tierra del señor Xi abrió en rojo hoy, entiendo que incumplió sus pagos la semana pasada una vez más 😏

Será la definitiva? Afírmense los que tienen platita en Blackrock... Ohhh wait nuestros fondos de pensión están ahí 🥺

#Evergrande

Last updated 1 year ago

fruchiante :verified: · @fruchiante
58 followers · 825 posts · Server mstdn.social

Hola don @censelio se acuerda de , llegó la hora 🥺

#Evergrande

Last updated 1 year ago

Parliamo di news! · @parliamodinews
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· @lovelexxxx
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Parliamo di news! · @parliamodinews
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bikejourno · @bikejourno
337 followers · 4903 posts · Server mastodon.cloud

Did you know that 's has rewritten the ending of the movie ? Gone is the anarchist message of blowing up highrisers and crippling the financial sector.
In Video's mutilated Fightclub version the authorities manage to get hold of the terrorists before they get a chance to attack the symbols of capitalism.
What a wasted chance, why not show an ending where the headquarters of get blown up?
theguardian.com/film/2022/jan/

#china #ccp #fightclub #tencent #withChineseCharacteristics #Evergrande #censorship

Last updated 3 years ago

· @NaturalNews
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