China Tells Evergrande to Avoid Bond Default

The video discusses Evergrande's financial difficulties, highlighting its $300 billion liabilities and the missed deadline for an $84 million bond payment. Chinese regulators have instructed Evergrande to avoid default and complete pending properties to improve cash flow. The company faces challenges in paying suppliers and investors, affecting its operations. Evergrande is attempting to sell non-core assets, including its EV group, but cash shortages threaten its future delivery schedules.

What is the total amount of liabilities that Evergrande is dealing with?

• $300 billion

• $84 million

• $8.5 billion

• $30 million

What did Chinese regulators instruct Evergrande to avoid?

• Expanding its real estate projects

• Paying off all its debts immediately

• Selling its core assets

• A near-term default on a dollar bond

What is one of the strategies Evergrande is using to manage its financial obligations?

• Completing pending properties

• Increasing employee salaries

• Issuing new bonds

• Acquiring new companies

What non-core asset is Evergrande trying to sell?

• Real estate properties

• New Energy Vehicle group

• Retail stores

• Luxury hotels

What issue is affecting Evergrande's mass delivery schedule for next year?

• Regulatory approvals

• Cash crunch and unpaid suppliers

• Lack of demand

• Technological challenges