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924 views • October 13, 2021

Evergrande misses bond payments again; River overflows, drowns 12 Chinese villages | China in Focus

China in Focus
China in Focus
⭕️ Sign up for our NEWSLETTER and stay in touch👉https://www.ntd.com/newsletter.html 💎Support our work: https://donorbox.org/china-in-focus More companies in the Chinese property sector are now caught up in debt. And the poster child for the sector's woes, Evergrande Group, has missed its third round of bond payments in a matter of weeks. More floods strike northern China. Heavy rain caused one river to overflow, drowning a dozen nearby towns. As for farmers, many are hard at work trying to rescue their harvests and livestock from water damage. Armed with sub-par equipment, some have resorted to manual labor. China limits video game access for children to three hours a week. But some may have already found ways to bypass the rule. In Taiwan, more deaths have been reported in those who got vaccinated than from the pandemic itself.
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