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Tweet by Ming Zhao
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Sep 18, 2021
Ming Zhao
@FabiusMercurius
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🇨🇳Evergrande's Backstory🇨🇳
🌎 The world demands answers.
From Fortune 500 to 1.95 Trillion in debt: How did China's #2 real estate giant get to this point?
How much cash does it *actually* have?
Will there be a bailout?
Who's gonna get f*cked?
Here goes. Story time.
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Sahil Bloom
@SahilBloom
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Sep 20, 2021
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19/ I also enjoyed this excellent thread from @FabiusMercurius on the financial backdrop to the crisis.