Bankruptcy protection in the us under chapter 15 which governs Foreign Companies in the us, protecting them from creditors that might want to sue them. You have probably heard of chapter 11. That typically governs American Companies but it is chapter 15. According to Court Filings these negotiations are ongoing in hong kong, canaanite and British Virgin islands. We have reached out to evergrande that have not had conversation. To those who have wondered if they have ever thought of evergrande before it is chinas huge property giant. They have about 1300 projects across 280 different cities in china and they invest in everything, not just property. They have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the Company Default on its debts, sending shockwaves across the Global Financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. We have seen 40 or the companies t
fought through that used to be. we don t see as much of on impact shopping that happens in the moment. yes, we are absolutely triggered emotionally about how we feel, whether we feel we need to bring morejoy in our lives and whether we want to stretch our budget to buy something that will bring more fun or excitement if we have disposable income to do so. that is again against that landscape we have seen for the last couple of years where consumers feel they have gone from crisis to crisis. what retailers are really feeling is consumers are putting them under so much more pressure for value and that is at any point, be it luxury or the value chain. ., ., chain. you mentioned the ongoing chain. you mentioned the ongoing battle chain. you mentioned the ongoing battle between i chain. you mentioned the - ongoing battle between online and real world retail. here in the uk, the uk sector council told ministers this week competition laws needed to be reformed to support industry. what do
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