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Comments by "" (@advancetotabletop5328) on "Behind Asia" channel.
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Only one factor: The CCP.
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Peter Lynch called it “diworseification”.
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@CC: Peter Lynch would call it ‘diworsification’. I‘d also categorize this as financial mismanagement, at least in a broad definition.
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Eh, it‘s a China SOE. Say no more. :D
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I still wouldn’t want to use my family’s money to own a ghost apartment in China.
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Read years ago that China‘s SOE’s are unable to compete in the international market. Would like a video on this. Thanks.
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Chinabots keep asking, “So when is the collapse going to happen”. Well, when it comes to economics, a collapse isn’t the clickbait suddenness, but what you see here in this video. Thanks for the video! Heard of Evergreen, but not Anbang.
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Last year: We‘re green! Buy our stock. This year: We’re AI! Buy our stock. Next year: Any guesses?
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Best tldr ever!
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Saw another YT video about HNA Group. While I’m hardly optimistic about China’s economy, I’ve seen plenty of other large companies, particularly in the financial sectors, such as Credit Suisse and Lehman Brothers, outside of China fail.
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The CCP know how to line their pockets, that’s for sure! Russia 2.0.
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