Comments by "Arabic Reja" (@ArabicReja973) on "China's Mega Cities Ease Home Downpayment, Mortgage Rules" video.

  1. Shocking numbers of China's Evergrande are only the beginning, not the end, of a Great Fall of 🇨🇳China: - Evergrande's $340 billion debt is more than the GDP of Vietnam. - Empty apartments, mostly unfinished, are sufficient to house the population of Germany. - The company's eye-watering $81 billion loss over 2 years is bigger than the GDP of 40 countries. - It lost 80% of its market value on the first day of resuming trading after 16 months of absence. - Evergrande said, as of June, it received more than 2,200 lawsuits, totaling $73.40 billion in liability. - This year, a Hong Kong court ordered it to liqudate. This is not only an end of a shady Chinese company but also a China's era.
    5