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CTI 81: Evergrande: How we got here, and what it means, with Ming Zhao
China Tech Investor
What's the Precedent for Leveraged Firms in China?
Ming: Can you tell us a little bit about what has led to some of these these heavily leveraged firms in china? Ming: Yes, certainly. There's, there's kind of two narratives going on, and they're kind of the opposite of each other. One narrative is that China doesn't want to take the cond of the b so f the west if, like, we're going to continue cue forever. And then there's another narrative that says, you know, well, because, you kno redistribution of wealth. That's the whole of there we can do.
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