CNBC’s Eunice Yoon reports on why China is cracking down crypto transactions and the latest news on Evergrande’s debt crunch. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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Evergrande bondholders shift focus to 30-day grace period
Search related to the topic Evergrande bondholders shift focus to 30-day grace period
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Evergrande bondholders shift focus to 30-day grace period
financial news
See all the latest ways to make money online: See more here
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Wth is wrong with these ppl. Restrictions only make it more bullish. Btw ..f./ China
Buy ! Buy ! Buy !
Does this mean “the big guy” won’t be getting his 10% anymore?
"communicate more" LOL the CEO and his wife absconded since July
It's unfortunate this issue of Evergrande in western media its discussed in a very anti Chinese government perspective hence the underlying problem is never discussed or its missed.
Hope China implodes
Nevergrande is China's trigger, like Northern Rock (2007)
Money don’t matter no more! Look at the big picture. Everything is made in China; What can you buy? FOOD. Stock up on food.
1:10 since anyone with three bitcoins can get instant residency in El Salvadore, there’s gonna be a lot of chinese looking el salvadoran babies next year
This is just the start over the next 6 months!
china back at it again trying to control everything.
It's not going to work ,it's going down.
THEY'RE OUT OF MONEY.
This is all Kabuki Theater, pointless. They are BANKRUPT. How this impacts the Chinese Real Estate / Economy Ponzi Scheme is what matters.
Bitcoin as a stable protocol set in stone and as cash system is a commodity – BSV is only that locked down thing
Are we done with this complete non story yet?
China is destroying American wealth with Chinese companies
Since Jan 2021… China has been destroying… oops nuking… American wealth (investors who invested in Chinese stocks in US) using Chinese companies.
Who are the biggest investors of Chinese companies listing on US stock market & Hong Kong Stock Market? Americans.
In 2020 Chinese companies started a frenzy to list on US stock markets.
In 2021 China started putting ban on them in China thereby the stocks falling by 80%. Ant Inc of Alibaba fame is one example, Chinese ride sharing compani Didi is another… There are many more like this…
Its very telling, even at this point, all the talk is about the bondholders and banks. In all the talk no one has talked about how much the homebuyers have paid up and monies now all gone that as far as the Chines gov is concern is the only ones that must be protected.
Evergrande Chairman Hui Ka Yan Has Been Paid $8 Billion In Cash in a legalized robbery when the company went public in 2009. Why would Evergrande want to pay their debts? Hahaha. He made suckers out of bankers.
China.. the gift that just keeps on giving these days
Let Evergrade hit the dust
I am stock piling, sugar, toilet paper, and other essentials. Shortages coming.
I guess communism mao right on schedule
People: "Evergrande has problems, but Evergrande is not going to start a financial crisis."
China to Evergrande: "Don't default."
Meanwhile Evergrande: Defaults.
What's new? China has always been against these cryptos.
Chinas commie party is so cute thinking they have any ability to stop Bitcoin.
That money way gone
Long live CCP
Where is my 30-day grace. To pay my bills. I say let them collapse. Let them feel the pain. Because they don't mind letting their citizens feel the pain.
the fall of the chinese government
Oh my god $300,000,000,000 USD in debt. They will never recover from bankruptcy for sure.
So many cans getting kicked…so little time
Here come the repo men! They will tear every vending machine, oven, shelf, computer, spare building and auction it off and if they can't they will sell it as scrap!
So China forgives the debt. That's what Jesus would do.
Why skip the #3 crypto Cardano, but include #10 Dogecoin and #17 Litecoin in your price list?????
Just like Wuhan, when we find out the real dimension will be too late ☠️