Communist China’s Tsinghua Unigroup Goes Bankrupt With Nearly $200 Billion in Debt
According to a report in the Liberty Times on Nov. 29, the Tsinghua Unigroup, a CCP company, has entered the bankruptcy reorganization stage, with total liabilities of nearly 200 billion yuan, and many financial institutions have "stepped on the mines".
Tsinghua Unigroup Is Facing Bankruptcy or a Court-Led Restructuring Due to Finances Dwindle
09/30/2021 Tsinghua Unigroup is facing bankruptcy or a court-led restructuring due to finances dwindle.
Evergrande’s financial nuclear bomb has panicked the world. The CCP intends to delay Evergrande’s fall
Whether or not to save Evergrande will not be a decision of Xi Jinping's administration. In the long run, this huge financial black hole cannot be concealed and the CCP's financial institutions such as Ping An, China Mingsheng Bank, and China Merchants Bank will collapse quickly.
Chinese Real Estate Company Evergrande Going Bankruptcy
The Evergrande Group, a major Chinese property developer, is facing bankruptcy with its liabilities swelling to over $300 billion
Is Evergrande The New Lehman Brothers’ Catastrophe?
In a story by ZeroHedge on September 19th, 2021, it talks about the possible knock on effects if Evergrande were to go bankrupt. Evergrande is the second largest property development company in China and employs many thousands of workers. Many people believe that Evergrande is too large and politically important to fail, just Like the
Is Evergrande losing the CCP’s face or people’s livelihood?
A Beijing University Ph.D. made a post calling upon everyone to donate one thousand yuan for Evergrande and its victims to survive the crisis and not to lose face for China on the international stage. The post has lots of comments; one says that Beijing University only teaches how to love China, and why should the public help Xu Jiayin (CEO of the Evergrande)? Where is the money of Evergrande?
One Real Estate Company Goes Bankrupt Daily Under the Communist Party’s Rule
The Times Weekly reports that, according to incomplete statistics, a total of 274 real estate companies have declared bankruptcy in Communist China as of September 5 this year, averaging about one bankruptcy per day. Micro real estate companies are accelerating their exit from the market. Among them, there are some well-known companies.
GT Online: Series of Corporate Bad Debt Scandals Rocked Chinese Market
A series of corporate bankruptcies and scandals rocked the Chinese stock market