China China China

[The Conservative]

https://www.reuters.com/markets/funds/c ... 021-12-07/

HONG KONG, Dec 7 (Reuters) - Some offshore bondholders of China Evergrande Group (3333.HK) did not receive coupon payments by the end of a 30-day grace period, four people with knowledge of the matter said, pushing the cash-strapped property developer closer to formal default.

Failure to make $82.5 million in interest payments that were due last month would trigger cross-default on the firm's roughly $19 billion of international bonds and put the developer at risk of becoming China's biggest-ever defaulter.

[The Conservative]

https://www.theepochtimes.com/former-ha ... 65630.html

The 62-year-old Harvard professor had maintained that he didn’t take payments from a Chinese university except for compensation of his travel costs to China. But he shifted account quickly after Federal Bureau of Investigation (FBI) agents Robert Plumb and Kara Spice accosted him with copies of evidence, including a bilingual contract he signed with the Wuhan University of Technology (WUT) in 2011.

And...

The five-year agreement described Lieber as a “strategic scientist” at the Chinese school that entitled him to $50,000 per month with approximately $158,000 in living expenses. It also alluded to his future involvement with China’s Thousand Talents Plan, a state-run program to solicit top scientific and specialized experts from around the world.

Later in the interview, FBI agents showed Lieber an email he wrote, asking the Wuhan university to pay half of his salary in cash with the other half deposited into a Chinese bank account.

“I can’t even believe I did this,” Lieber said in response, local media reported. “It’s my mistake and obviously I made a mistake.”

And...

Lieber said he likely made no more than six trips to China around 2012 and was paid between $10,000 and $20,000 each time, according to local media reports. He had spent the money—a total he estimated to be between $50,000 and $100,000—on groceries and living expenses, such as housekeeping.

The payment was in $100 bills that Lieber brought back in his luggage, he said. He didn’t declare them at customs nor pay any taxes on the money.

“If I brought it back, I didn’t declare it, and that’s illegal,” he told the FBI agents.

[SuburbanFarmer]

Whew this is gonna be toasty. Chinas property market is finally imploding. People are refusing to pay their mortgages.

https://www.zerohedge.com/markets/we-de ... -suppliers

[C-Mag]

Whew this is gonna be toasty. Chinas property market is finally imploding. People are refusing to pay their mortgages.

https://www.zerohedge.com/markets/we-de ... -suppliers

China has tanks guarding the banks

[Zlaxer]

Whew this is gonna be toasty. Chinas property market is finally imploding. People are refusing to pay their mortgages.

https://www.zerohedge.com/markets/we-de ... -suppliers

China has tanks guarding the banks

Y? There’s no money in the banks…just a show of force…

[C-Mag]

Whew this is gonna be toasty. Chinas property market is finally imploding. People are refusing to pay their mortgages.

https://www.zerohedge.com/markets/we-de ... -suppliers

China has tanks guarding the banks

Y? There’s no money in the banks…just a show of force…

Yeah
I found out it was old footage from a military drill. Internet Anon pulling a scam

[The Conservative]

https://twitter.com/DailyLoud/status/15 ... sRJIK5j3Lw

Riots are happening in China.

[SilverEagle]

https://twitter.com/DailyLoud/status/15 ... sRJIK5j3Lw

Riots are happening in China.

This makes me very happy!

[Martin Hash]

https://twitter.com/DailyLoud/status/15 ... sRJIK5j3Lw

Riots are happening in China.

This makes me very happy!

China’s a big place so don’t get too optimistic but this is a good sign.

[The Conservative]

https://twitter.com/DailyLoud/status/15 ... sRJIK5j3Lw

Riots are happening in China.

This makes me very happy!

Did things change for the better with Tiemen square? Honestly, unless the government accepts the people's demands, this will disappear like the 10K+ people who were against the COVID restrictions. Before that, those who dissented before were probably the same ones left to die of starvation in their apartments because the government didn't allow any visitors. There were dozens of stories about that happening, the fact we didn't hear much after that fact speaks volumes.

I am hopeful, but I won't hold my breath on this.