Posted by IDQWE001 > 2023-10-07 00:21 | Report Abuse

Posted by foongsh > 46 minutes ago | Report Abuse

Posted by IDQWE001 > 28 minutes ago | Report Abuse

Evergrande's Debt Nightmare From A 90% Asset Decline To Jail–Xu Jiayin's Empire Completely Crumbles

https://youtu.be/Kz-QE-nuA5Q?si=ifOe8QKs_dh_TDPo

CCP transferred corrupted money to westerns in all sectors, those exposed CCP kena caught due to property buble burst. Those hidden not exposed will make America great again.

Useless CCP not able to solve property bubble issues for the past 5-6 years which gave sufficient time for Xu Jiayin to transfer the corrupted money to America.

Useless and corrupted CCP is laughable and shameless unable to resolve real estate bubble just like silly i.diot qqq.

Posted by qqq47660 > 2023-10-07 00:22 | Report Abuse

the worse is already over the day Huawei announce Mate 60.

Posted by qqq47660 > 2023-10-07 00:34 | Report Abuse

currently there are 3 big heroes in China ie Xi Jinping, Ren Zheng Fei Huawei and Liang Mong Song SMIC.

Posted by foongsh > 2023-10-07 02:18 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Posted by foongsh > 53 minutes ago | Report Abuse

Posted by IDQWE001 > 31 minutes ago | Report Abuse

Xi Jinping Reprimanded By Party Elders Over China's Crisis | Beidaihe Meeting: More Secrets Unveiled

https://youtu.be/bI9Wae3Kfv4?si=p5vSUBUaWQ-cNroU

No wonder missing in action amid bad flood. Lol

CCP infighting very hard , communism rubbish system from the west. No wonder so many ministers disappeared worse than 3rd world countries ISA.

Silly Xi might have gone to America visit his daughter in America soon.

Huawei Has Become a JOKE! iPhone 15 Is Wildly in Demand in China, While Mate 60 Is Left Untouched

https://youtu.be/_BT0ySFmonw?si=QnIK5UkAsNUzgiYG

Only silly CCP will buy 5 years old technology handphone with such high price, qqq only lip service he wont buy for sure.

Posted by foongsh > 2023-10-07 02:19 | Report Abuse

Top General Reveals Why Russia Failed in Bakhmut

https://youtu.be/31cnwuLDnTw?si=Qh4lfHe_OPSAsjx5

Evil killer Putin even could not contol his chef, what a nuts.

Posted by IDQWE001 > 2023-10-07 17:21 | Report Abuse

Silly evil Xi could visit his daugther and the follow monkeys in America:

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

He could hold a CCP reunion gathering with those monkeys and try to take back the stolen corrupted money from Chinese local citizens.

Don't forget Qin Gang newly born baby in America as well. After his trip in America he may also travel to Canada to visit his sister and brother in law.

I think Premier Li Qiang is still the best who may hold family gathering with his angmo son in law at his wife RMB 15 millions super villa.

Posted by foongsh > 2023-10-07 19:12 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Silly evil Xi could visit his daugther and the follow monkeys in America:

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

He could hold a CCP reunion gathering with those monkeys and try to take back the stolen corrupted money from Chinese local citizens.

Don't forget Qin Gang newly born baby in America as well. After his trip in America he may also travel to Canada to visit his sister and brother in law.

I think Premier Li Qiang is still the best who may hold family gathering with his angmo son in law at his wife RMB 15 millions super villa.

CCP supporters were wrong misunderstanding the anit western propaganda, actually the entire CCP family love migrating to democratic and freedom countries with hard earned corrupted US dollar. We should respect their smart choice.

Posted by IDQWE001 > 2023-10-07 20:49 | Report Abuse

Posted by foongsh > 1 hour ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Silly evil Xi could visit his daugther and the follow monkeys in America:

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

He could hold a CCP reunion gathering with those monkeys and try to take back the stolen corrupted money from Chinese local citizens.

Don't forget Qin Gang newly born baby in America as well. After his trip in America he may also travel to Canada to visit his sister and brother in law.

I think Premier Li Qiang is still the best who may hold family gathering with his angmo son in law at his wife RMB 15 millions super villa.

CCP supporters were wrong misunderstanding the anit western propaganda, actually the entire CCP family love migrating to democratic and freedom countries with hard earned corrupted US dollar. We should respect their smart choice.

Indeed, CCP top guns family love to stay in democratic and freedom countries, otherwise, they would have migrated to Russia, North Korea, Cuba etc. Lets support them and stay away from evil alliance.

Posted by IDQWE001 > 2023-10-08 08:03 | Report Abuse

World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness

https://youtu.be/pSfa8hD31x4?si=30Zb-iZX-vhgCqLS

Posted by foongsh > 2023-10-08 14:16 | Report Abuse

World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness

https://youtu.be/pSfa8hD31x4?si=30Zb-iZX-vhgCqLS

Corrupted CCP already transfer money oversea how to complete those unfinished units ? Probably Malaysian CCP supporters need to donate money to save those homelessness.

Posted by IDQWE001 > 2023-10-08 23:13 | Report Abuse

Xu Jiayin's Million-Dollar Mansion and The ‘Harem’ In Beijing: Lavish Life or Something More?

https://youtu.be/Z6J7YPdAqLw?si=AfjhbHfnlcWYmxjz

Posted by IDQWE001 > 2023-10-10 11:02 | Report Abuse

China's Country Garden warns it could fail to pay offshore debt obligations

HONG KONG (Reuters) -China's Country Garden Holdings said it might not be able to meet all of its offshore payment obligations when due or within the relevant grace periods, as the country's largest private property developer grapples with debt restructuring.

"Such non-payment may lead to relevant creditors of the Group demanding acceleration of payment of the relevant indebtedness owed to them or pursuing enforcement action," the company said in a Hong Kong Stock Exchange filing on Tuesday.

The group is currently facing "significant" uncertainty regarding disposing of its assets and its cash position remains under pressure, added the developer, which has $10.96 billion of offshore bonds and 42.4 billion yuan ($5.81 billion) worth of loans not denominated in yuan.

Companies accounting for 40% of Chinese home sales - mostly private property developers - have defaulted on debt obligations since a liquidity crisis hit the sector in 2021, leaving many homes unfinished.

The problems have deepened in the past two years as confidence in housing and capital markets dried up, further squeezing developers' liquidity.

Country Garden said it had appointed Houlihan Lokey (NYSE:HLI), China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to examine its capital structure and liquidity position.

Morningstar analyst Jeff Zhang said mandating advisers showed "whether the company will default hinges on the outcome of overseas debt restructuring and the next two weeks will be crucial."

"We do not expect Country Garden's liquidity to materially improve as homebuyers and financial institutions may continue to stay on the sidelines," he said.

The company was due on Monday to pay $66.8 million in coupons on 2024 and 2026 dollar bonds, although the payments have a 30-day grace period.

Country Garden has not disclosed whether the coupon payment was made. It did not make a principal payment of HK$470 million ($60.04 million) on certain debts, it said in the filing, without providing further details.

The developer had been working towards announcing a restructure of its offshore debt, Chinese media reported on Monday.

Country Garden faces another big test next week when its entire offshore debt could be deemed in default if it fails to pay a $15 million September coupon by Oct. 17.

ONSHORE RESTRUCTURING

Country Garden said on Tuesday it had won approval from onshore bondholders for the extension of nine series of bonds with an outstanding principal value of 14.7 billion yuan ($2.02 billion), which it said provided it "with the time and space to focus on the recovery of its business operations."

The developer's shares rose 3% in early trading on Tuesday, having lost nearly 70% of their value since the start of the year.

"The company's previous model was not sustainable, they are now addressing it, trying to scale down their debt burden and make their business size appropriate," said Sandra Chow, CreditSight's co-head of Asia Pacific research.

"There is a smaller property market overall and it makes sense to adapt to that," she said, adding that a restructure would look to extend debt maturity repayments, reduce bond coupon rates and accelerate asset sales.

Country Garden said it would make "its best effort to ensure the delivery of properties, which is the group's most critical corporate responsibility and is the key pillar to safeguard the property market."

China's government has recently implemented a range of measures from reducing deposit requirements to cutting existing mortgage rates in some cities to help renew confidence among home buyers to support the property market.

"The difficult situation shows that Chinese developers face severe liquidity pressure from weak home sales, and repayment to bondholders is still a lower priority," said Gary Ng, senior economist at Natixis Corporate and Investment Bank.

"More developers will try to extend and restructure their debt to mitigate the stress, but how fast it can be is still a big question mark."

CCP's "changes not seen for hundred years" - real estate bubble burst only created by CCP

Posted by qqq47660 > 2023-10-10 11:52 | Report Abuse

if country garden goes bankrupt, they are just one out of 40,000 developers in China.

anyway, Country Garden goes bankrupt is just normal and probably needed.

Posted by foongsh > 2023-10-10 12:14 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

China's Country Garden warns it could fail to pay offshore debt obligations

World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness.

qqq anti chinese and fell very happy and normal to those negative assets homelessness.

Posted by qqq47660 > 2023-10-10 15:32 | Report Abuse

The CPC has no priority and zero interest in rescuing Country Garden.

Posted by FortuneBull777 > 2023-10-10 15:35 | Report Abuse

It's reported by CCP itself that there's 15 billions homes in China! OMG!

Posted by qqq47660 > 2023-10-10 15:58 | Report Abuse

China modernity by Industrial revolution 4.0 not by speculations in houses

Posted by qqq47660 > 2023-10-10 16:00 | Report Abuse

China has complain house prices in HK too high.

surely this mean, they also need to control house prices in Shanghai and Beijing.

Posted by IDQWE001 > 2023-10-10 16:33 | Report Abuse

Posted by foongsh > 4 hours ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

China's Country Garden warns it could fail to pay offshore debt obligations

World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness.

qqq anti chinese and fell very happy and normal to those negative assets homelessness.

Useless CCP not able to solve real estate bubble for years. What a shame.

Posted by IDQWE001 > 2023-10-10 16:35 | Report Abuse

CCP does not care about World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness. What a rubbish western political system.

Posted by qqq47660 > 2023-10-10 18:07 | Report Abuse

No good to lie about China.

Posted by foongsh > 2023-10-10 18:16 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

CCP does not care about World’s Largest 1.62 Million Unfinished Units; 6 Million Homeowners Face Potential Homelessness. What a rubbish western political system.

CCP transferred money oversea and locals bear the bad debts. What a pity.

Posted by qqq47660 > 2023-10-10 20:14 | Report Abuse

the bottomline is very simple. China in far better shape than any G7 country.

Posted by angrycat > 2023-10-10 20:42 | Report Abuse

IMF GDP Growth forecast (2023):

China 🇨🇳 : 5%
Russia 🇷🇺: 2.2%
USA 🇺🇸: 2.1%
Euro area: 0.7%
Germany 🇩🇪: -0.5% (recession)

Those Chinese Hater can lie all they want but IMF report prove that China is doing well compare to Western countries

Posted by foongsh > 2023-10-10 21:45 | Report Abuse

Real estate and construction contributed 25-30% GDP, with the bad performance GDP -5% is possible.

Posted by IDQWE001 > 2023-10-12 13:02 | Report Abuse

传遭恒大欠巨款　沧州银行爆挤提 Orientaldaily Thu, Oct 12, 2023 12:05pm

河北12日讯）中国恒大主席许家印因涉嫌犯罪，被采取强制措施带走后，市场传出一份“恒大所欠银行贷款明细列表”，其中拖欠河北沧州银行30亿人民币（约19亿令吉）；由于担心恒大无力还款，引发榜上有名银行的投资者恐慌，沧州银行爆发存户挤兑潮。

虽然该行澄清对恒大及其关联企业的实际贷款额只有3.46亿人民币，还堆出高耸的现金墙希望挽救存户信心，但仍有大批存户逼爆银行要求提款，场面一度混乱。

3.4 Billion Evergrande Debt Exposed In Cangzhou Bank: Panic Withdrawals!

https://youtu.be/BJzCjgarZ_A?si=rNN-zArkgwyb2nF7

From real estate to financial system. What a chaos.

Posted by foongsh > 2023-10-12 19:56 | Report Abuse

Posted by IDQWE001 > 6 hours ago | Report Abuse

传遭恒大欠巨款　沧州银行爆挤提 Orientaldaily Thu, Oct 12, 2023 12:05pm

河北12日讯）中国恒大主席许家印因涉嫌犯罪，被采取强制措施带走后，市场传出一份“恒大所欠银行贷款明细列表”，其中拖欠河北沧州银行30亿人民币（约19亿令吉）；由于担心恒大无力还款，引发榜上有名银行的投资者恐慌，沧州银行爆发存户挤兑潮。

虽然该行澄清对恒大及其关联企业的实际贷款额只有3.46亿人民币，还堆出高耸的现金墙希望挽救存户信心，但仍有大批存户逼爆银行要求提款，场面一度混乱。

3.4 Billion Evergrande Debt Exposed In Cangzhou Bank: Panic Withdrawals!

https://youtu.be/BJzCjgarZ_A?si=rNN-zArkgwyb2nF7

From real estate to financial system. What a chaos.

CCP got no more money. No wonder.

Posted by foongsh > 2023-10-12 21:44 | Report Abuse

China’s Finances Are in Dire Straits:Various Beijing Districts Borrowing Money to Pay Civil Servants

https://youtu.be/KMQ5rt2cfeE?si=CqMkgh9AH6c3IP5f

Posted by IDQWE001 > 2023-10-13 19:34 | Report Abuse

Posted by foongsh > 21 hours ago | Report Abuse

China’s Finances Are in Dire Straits:Various Beijing Districts Borrowing Money to Pay Civil Servants

https://youtu.be/KMQ5rt2cfeE?si=CqMkgh9AH6c3IP5f

CCP no money to pay civil servants salary but enjoy US dollars with girl friends in westerns.

Posted by IDQWE001 > 2023-10-13 23:34 | Report Abuse

中國的爛尾樓危機持續 業主：「只有很無力的感覺」

https://youtu.be/tnKhS1AQoSg?si=fSoVYEgQhStx7jv4

Posted by IDQWE001 > 2023-10-13 23:35 | Report Abuse

Bankruptcy action in the US triggered the arrest! Facing the end of Ponzi scheme, Xi has no solution

https://youtu.be/x5ZmEvUu1s4?si=NgRJ1EgnmBHdinaW

Posted by IDQWE001 > 2023-10-13 23:37 | Report Abuse

China’s Economic Crisis: Ghost Cities, Debt Bombs, and Generational Hurdles | China Enigma

https://youtu.be/Ck3RF8ftb1Y?si=8vT2us9rt2XaHdk6

Posted by IDQWE001 > 2023-10-14 12:39 | Report Abuse

The market is shrinking significantly: truckers have no business, facing all sorts of problems

https://youtu.be/1LpdzT8xdmE?si=5HtQZ-Bls0n3RyYX

Posted by stockraider > 2023-10-14 12:42 | Report Abuse

Btw....China economically is actually more stable now compare to USA mah....bcos it do not have bubble now....and its economy is in consolidation for the past 5 yrs mah!

Posted by foongsh > 2023-10-14 12:50 | Report Abuse

Changes not seen for hundred years - entire real estate market bubble burst.

Changes not seen for hundred years - more and more developer founders go to jail.

Changes not seen for hundred years - homebuyers no home to stay with bad debts.

Changes not seen for hundred years - banking system loan to developers became non performance loan

Changes not seen for hundred years - ministers keep on missing and replacing worse than 3rd world country ISA.

Posted by stockraider > 2023-10-14 12:55 | Report Abuse

The asian chinese always believe investment in home is the best investment policy loh!

Do not let this temporary setback destroy your faith forever loh!

Posted by IDQWE001 > 2023-10-14 13:48 | Report Abuse

China's Property Collapse: The Evergrande Disaster Unveiled

https://youtu.be/O419f8Wkjk8?si=BZhLQcxjJziMnM4x

Posted by qqq47660 > 2023-10-14 21:07 | Report Abuse

property collapse? maybe that is intentional.

Posted by qqq47660 > 2023-10-14 21:08 | Report Abuse

China needs a big property collapse to change habits of speculating in houses.

Posted by qqq47660 > 2023-10-14 21:09 | Report Abuse

Chinese every where also want to speculate in houses. maybe this will change it.

Posted by foongsh > 2023-10-14 21:12 | Report Abuse

Posted by IDQWE001 > 7 hours ago | Report Abuse

China's Property Collapse: The Evergrande Disaster Unveiled

https://youtu.be/O419f8Wkjk8?si=BZhLQcxjJziMnM4x

CCP is very cruel intentional to make their citizens bacame negative assets and bad debts by selling very expensive and not affordable unfinished untis to their local citizens.

Posted by foongsh > 2023-10-15 00:17 | Report Abuse

What This $100B Ghost City Reveals About China’s Property Crisis | WSJ

https://youtu.be/D0PxRxwTa50?si=qh3apZ7jAy0_BmSy

Posted by stockraider > 2023-10-15 11:04 | Report Abuse

China should start promoting.....china my 2nd home campaign.......this will boost the property mkt mah!

This can be done for a start....by offering residence to Oversea Chinese loh!

Posted by IDQWE001 > 2023-10-15 11:10 | Report Abuse

Addicted to ‘Anti-Foreign’: China's Tourism Eats Bitter Fruit

https://youtu.be/XY032zYZu-g?si=joBS6bmi8HdpjZRE

Posted by stockraider > 2023-10-15 11:12 | Report Abuse

Domestic tourism is a big business for China today loh!

Posted by foongsh > 2023-10-15 11:15 | Report Abuse

Posted by IDQWE001 > 2 minutes ago | Report Abuse

Addicted to ‘Anti-Foreign’: China's Tourism Eats Bitter Fruit

https://youtu.be/XY032zYZu-g?si=joBS6bmi8HdpjZRE

Foreigners refuse to come local chinese need to pay their unfinished units bad debt mortgages and no money to spend.

Posted by stockraider > 2023-10-15 11:17 | Report Abuse

Once China open up this alot of new buyers & investors will come loh!
Posted by stockraider > 11 minutes ago | Report Abuse

China should start promoting.....china my 2nd home campaign.......this will boost the property mkt mah!

This can be done for a start....by offering residence to Oversea Chinese loh!

Posted by IDQWE001 > 2023-10-15 11:19 | Report Abuse

Posted by foongsh > 14 hours ago | Report Abuse

Posted by IDQWE001 > 7 hours ago | Report Abuse

China's Property Collapse: The Evergrande Disaster Unveiled

https://youtu.be/O419f8Wkjk8?si=BZhLQcxjJziMnM4x

CCP is very cruel intentional to make their citizens bacame negative assets and bad debts by selling very expensive and not affordable unfinished untis to their local citizens.

Silly Xi make U turn open up all restrictions but too bad nobody want to buy. GLC selling assets now make the property market even worse.

Posted by foongsh > 2023-10-15 13:14 | Report Abuse

Chinese Youth Are Crying, Triple Work Half Pay, the Rest Are Just Lying Flat

https://youtu.be/IAklB1hkrAo?si=_wY3ksnz3-jOahFz

Posted by IDQWE001 > 2023-10-15 17:13 | Report Abuse

Evergrande Debt Crisis From Dream Homes to Nightmares: Tofu Dregs and Unfinished Projects in China

https://youtu.be/mIVPOuWgegQ?si=mWo6Hc9Ifyd4MAXV