3 ms·

They owe 300 billion. So no they couldn't.

• paulpauper 5y ago
  This is doable by a large govt. $300 billion is 1/10 of covid aid and related stimulus. The point is that small, strategic payments can stave off much greater systemic damage, which is what a bailout does.
  • throwuxiytayq 5y ago
    So what you're saying is, if you had $300 bln, this is what you'd spend it on?
  • manquer 5y ago
    It is hard for any government even not democratically elected ones like CCP to be able to spend $300B tax payer money to bail out creditors of a single private company. Evergrande is hardly unique or even the largest real estate company in China. There are a lot of large companies in serious debt trouble there now, it will cost the government lot more than $300B to bail out the sector.