7 months, 1 week ago
Wed 7th February 2024
[UTC + 07:00]
How much debt can overseas creditors recover? Evergrande left behind 1.62 million rotten-tailed
The liquidation of Evergrande, ordered by a Hong Kong court on January 29, 2024, has created a sensation around the world. Once a Fortune 500 global player, the real estate …
Bakery Owners Weep! Over 120,000 China's Bakeries Shut Down and Close In 2023
In the context of a continuously weak economy, low consumer spending, a wave of business closures, and a surge in unemployment, the closure rate of China's catering and retail industry …
7 months, 1 week ago
Fri 9th February 2024
[UTC + 07:00]
Something Is Changing in Argentina
Dear friends of VisualPolitik, the Chainsaw Plan of Javier Milei's libertarian government is already underway. The new president has come to government with the clear intention of changing Argentina. No gradualism or waiting times. The changes have been …
7 months, 2 weeks ago
Sun 4th February 2024
[UTC + 07:00]
Elon Musk Pay Deal Voided - Should Tesla Reincorporate in Texas?
A Delaware court this week voided Elon Musk’s $55.8 billion dollar pay deal with Tesla. The voiding of these stock options erases about a quarter of Musk’s current wealth.
7 months, 2 weeks ago
Sat 3rd February 2024
[UTC + 07:00]
Trillion-Dollar Empire Is Officially Buried: 6 Million Unfinished Buildings Leave Owners Hopeless
In a momentous turn of events, the colossal financial behemoth, China's renowned real estate developer Evergrande Group, saddled with a staggering debt of 2.44 trillion Chinese yuan, has finally been officially …
7 months, 1 week ago
Wed 7th February 2024
[UTC + 07:00]
Banking Crisis: Woman Calls Police to Withdraw $600; Millions in Savings Become $0.1 in 4 Months
China's economic recession is continuing with the unraveling of the real estate industry. Many bank branches in China frequently experience difficulty in withdrawing money. Some depositors have …
