On June 6th, in a GETTR live broadcast, Miles Guo disclosed that Evergrande Group, a real estate giant in Communist China, is about to officially declare bankruptcy.
Miles said that according to Citibank executives, Evergrande Group, one of the top 10 Chinese real estate companies, is about to officially declare bankruptcy, and its founder and chairman Xu Jiayin will also face bankruptcy. Miles said that Evergrande’s bankruptcy will drive countless people associated with the company to a dead end, and no one under the CCP’s fake-booming economy will be spared.
What is more to note is that, in the second half of 2022, Communist China’s financial crisis, food crisis, and natural disasters will lead countless Chinese people to desperate situations.
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