Evergrande Pays Back Some Cash Owed to Wealth Product Investors

Evergrande Pays Back Some Cash Owed to Wealth Product Investors

Assessment

Interactive Video

Business

University

Hard

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The video discusses a company's agreement with retail investors, prioritizing them to maintain social stability despite existing debts. It highlights China's purchase of a stake in a struggling regional bank and the local government's role in debt settlement. The government is taking measures to stabilize the housing market, with the PBOC urging banks to support the cooling market and ease mortgages, aiming for a soft landing.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the local government asking for a stake in the regional bank?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'soft landing' refer to in the context of the housing market?

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