China says collapsing real estate giant EVERGRANDE overstated revenue by 78 billion. - The Great Awakening - Where We Go Qne, We Go All!

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China says collapsing real estate giant EVERGRANDE overstated revenue by 78 billion. (www.breitbart.com) 🗣️ DISCUSSION 💬

posted 255 days ago by NOTWOKE 255 days ago by NOTWOKE +129 / -0

China Says Collapsing Real Estate Giant Evergrande Overstated Revenue by $78 Billion

China's securities regulating agency announced on Monday that it had banned the founder of real estate giant Evergrande.

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– NoApologyTour 3 points 255 days ago +3 / -0

Real estate is where many Chinese put their life savings. It was perceived as being not just a safe investment for a historically growing population, but it was also tangible, which is important for those in a communist system that are used to overt shenanigans and market manipulation. Unfortunately this market was rife with fraud and manipulation too.

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