China Hong Kong New World, up lorry soon

Let useless idiot son take run business that’s why.
Is like sporting legends offsprings going into sports thinking they are like their fathers.
 
Let useless idiot son take run business that’s why.
Is like sporting legends offsprings going into sports thinking they are like their fathers.
Not all sport legends offspring are useless
Some of them are really good, for example Maldini blood line in Italy
 
Just after new york bank crisis, china stepped in to bolster world economy by monetary easing causing banks to lend money to mostly property developers.
One of them i guess is new world. Others were country garden, evergrande......
 
Wherever the Communists take control, the country's economy tends to collapse. Period!
 
If there’s any conspiracy theory to consider, it’s that this situation is being orchestrated. Companies issuing bonds in USD are struggling as rising interest rates make it harder for them to repay their loans. This challenge is exacerbated when property prices plummet overnight, leaving no room for recovery in the short term. These events collectively push companies toward bankruptcy.
 
don’t think it’s entirely adrian’s fault. ccp, xia xuay xi, and their disastrous property, economic, and security policies contributed 69% of the problem. the remainder came from the xi pandamic and its aftermath on retail and commercial real estate. if adrian were to put 69% of new world eggs in sg, he would have not only survived but thrived. unlike hk, sg is far removed from ccp and xi in the moronic management of tiongcock’s economy. whatever happens in tiongcock affects greatly whatever consequences hk will face. his mistake was not to follow li ka-chng and bail out of hk and reinvest in europe and other parts of the world the moment ka-chng smelled xi’s kar chng and realized xi was an emperor with no clothes. if adrian were to divest 69% of new world holdings away from hk and tiongcock he would be fine today despite the mountain of debt.
 
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