This article gives some great insight. Basically lots of these companies are in debt up their eyeballs so they can afford to make moves like this to bring real

This article gives some great insight. Basically lots of these companies are in debt up their eyeballs so they can afford to make moves like this to bring real cash in. As anyone could imagine, it's not all that rosy https://www.bloomberg.com/news/articles/2017-04-24/china-s-hidden-debt-stirs-investor-angst-as-local-defaults-rise https://www.bloomberg.com/news/articles/2017-04-24/china-s-h...