extreme measures, from the pictures we have been seeing, talk us through. we have been seeing, talk us throu~h. ~ ., we have been seeing, talk us throu~h. ~ . , ., , we have been seeing, talk us throu~h. . , , , through. we are protesting because we want a fair through. we are protesting because we want a fair revenue. through. we are protesting because we want a fair revenue. we - through. we are protesting because we want a fair revenue. we produce food for the people and we take care of the nature, so we deserved to be treated with decency. of the nature, so we deserved to be treated with decency. yet of the nature, so we deserved to be treated with decency. yet because of the nature, so we deserved to be treated with decency. yet because of free trade agreement and market deregulation, the prices we are being paid for products is being lower and lower, while our cost of production are increasing. so it is not ok any more, we want fair revenues, and for this we need to
like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow evergrande
Like an increasing number of women and girls in afghanistan are deciding that under these circumstances, they re choosing not to live? to china now where the financial problems continues for embattled real estate developer evergrande. its share price plunged by 80% after it announced losses of $4.5 billion dollars and delayed a meeting with creditors. that was actually an improvement on its previous year s losse, but it s still a real sign of the depth of the property crisis threatening the world s second largest economy. the firm has admitted that it could collapse which comes as no surprise to former imf economist david woo. i think that this is a disaster, a total disaster. i think what happened today tells us a lot more about how beijing, the policymakers in china, are actually handling this crisis, this disaster. remember, this company had already
Already. there will be an impact on revenue and cost the airlines, based on eight negative have both negative. on eight negative have both neuative. ., ~ ,, on eight negative have both neuative. ., ~ ,, ., on eight negative have both neuative. ., ~ i. ., ., , to china now where the crisis continues for embattled real estate developer evergrande. it s shareprice plunged after it announced huge losses and delayed a meeting with creditors. essentially, this is investors giving their verdict on the state of the company. showing their faith or, in this case, their lack of faith. as you indicated in your introduction, the hong kong stock exchange. for18 introduction, the hong kong stock exchange. for 18 months. introduction, the hong kong stock exchange. for18 months. investors have not had any opportunity in that time to show what they feel about the companies that they are buying and selling shares. now that they