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CHINA -$78 Billion Evergrande Fraud Rocks China & Risk of
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30:24

CHINA -$78 Billion Evergrande Fraud Rocks China & Risk of Property & Finance Sectors Collapsing

Video Summary The Chinese property developer Evergrande has been accused of fabricating its accounts by $78 billion, including non-existent revenue and non-completed sales. This is a significant blow to the company’s reputation and could have far-reaching implications for the Chinese economy and global markets. The Chinese Securities Regulatory Commission has also accused Evergrande’s founder, Hua […]
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CHINA Economy in Desperate Trouble
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31:04

CHINA Economy in Desperate Trouble

Video Summary Here is a summary of the article: The Chinese economy is facing a significant slowdown, with the country’s growth rate expected to fall short of its 5% target for 2024. The Chinese Central Bank has introduced a stimulus package to try to boost the economy, targeting banks and the property sector. The package […]
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