China’s Evergrande Kicks the Can Down the Road – Swamponomics

China Evergrande Group has faced a bombardment of financial problems, from missing bond payments to enduring stock delistings. And yet, the company manages to survive by kicking its $300 billion in obligations down the road. Will the cash-strapped real estate developer fold or will it stay alive?

https://www.youtube.com/watch?v=smNQv6EdNDg

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