Chinese regulators are testing new regs for top real estate firms including Evergrande, Sunac, Country Garden
Red lines:
a liability-to-asset ratio < 70%
net debt-to-equity ratio of under 100%
cash holdings = short-term debt -> Evergrande under pressure
caixinglobal.com/2020-09-02/dev… https://t.co/6kdPQr7FPf
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…