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China Evergrande Auditor Gave Clean Bill of Health Despite Debt

Last year the property developer offered deep discounts to keep sales growing and the Chinese government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.

9/24/2021 6:50:00 PM

Last year as Evergrande’s stock and bond prices seesawed, it offered deep discounts to keep sales growing and the government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health

Last year the property developer offered deep discounts to keep sales growing and the Chinese government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.

Last year as China Evergrande Group ’s stock and bond prices seesawed, it offered deep discounts tokeep sales growing during the pandemicand the government effectively said it had borrowed too much.Yet the property developer’s auditor gave it a clean bill of health in an annual report issued this spring.

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America is at last getting serious about countering China in AsiaThe Biden administration deserves credit for setting up AUKUS. Yet the deal still amounts to only half a China strategy Depends how you look AUKUS Glass half empty or half full ! Anyway cheers 🍻 to the effort 👌 There is no limit to the Yanks duplicity. In his UN address, Biden yapped about averting a cold War with China but just before that he sold nuclear submarines down under. This two-face man's right hand does not know what the left is doing. I may be remiss but I thought the last admin was hard pressed about a China strat lmao. Makes it hard when we literally give weapons to their friends who will give it to them to copy and study

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JoJo Siwa Made History On 'Dancing With The Stars' Last NightJoJo Siwa Made History On 'Dancing With The Stars' Last Night “Siwa is the first person ever to compete on the American version of the show with a same-sex dance partner. Oh, and she totally slayed.” 🔥🔥 itsjojosiwa