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Lead the crypto market! Evergrande says it may not be able to pay its debts, Chinese authorities summon CEO

December 6, 2021
Source: newsdirectory3.com newsdirectory3.com
News Snapshot:
Chinese real estate giant Evergrande has announced that it ‘may not be able to pay its debts’ after its 10 trillion baht in debt, many concerned it could lead to a new economic crisis. And the crypto market seems inevitable. On Friday, China’s leading real estate giant ‘Evergrande’ announced that the company will “No more guarantees that there will be enough money to comply with financial orders” to pay debts of more than 300 billion US dollars, or about ’10 trillion baht’. Shortly after the announcement from the company Chinese authorities have also summoned Evergrande chairman and founder Xu Jiayin...
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Tags: audit | bankrupt | bitcoin | blockchain | CEO | chairman | Chinese | crypto | cryptocurrency | currency | Economy | Evergrande | finance | financial | fintech | Founder | Giant | IT | management | real estate | shares

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