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
especially authoritarian regimes, they look outward for political points and so forth china, i think number one on the list is to reunify taiwan. so, i think actually the chinese economy not doing well is actually bad news in many different ways, including the possibility that conquering taiwan or taking back taiwan could be prioritised now by the chinese president because he just could not figure out the domestic economy. so, i think now is the perfect timing for us and other western leaders to work more closely with japan and south korea. 50. work more closely with japan and south korea. and south korea. so, that is the case. and south korea. so, that is the case. you and south korea. so, that is the case, you are and south korea. so, that is the case, you are saying, i and south korea. so, that is i the case, you are saying, that the case, you are saying, that the decline in the chinese economy raises the stakes when it comes to taiwan, even though we have seen a warding of s
incursion? incursion? yeah, i think the calculation incursion? yeah, i think the calculation there incursion? yeah, i think the calculation there is - incursion? yeah, i think the calculation there is actually| calculation there is actually quite complicated because we did see huge support financially from western countries, including providing weaponry to ukraine in defence of the russian invasion, but it is not as clear what the chinese reasoning is after seeing that, right? because if they did the same with taiwan, had china decided to take back taiwan, just providing weaponry support to taiwan is probably not going to be enough for taiwan s defence of the chinese invasion, so, if that is what they will do, i think china might actually take that is good news. i might actually take that is good new- good news. i am sorry for interrupting, good news. i am sorry for interrupting, but - good news. i am sorry for interrupting, but i - good news. i am sorry for interrupting, but i
might help counteract the chinese threat? the historical backdrop i chinese threat? the historical backdrop i think chinese threat? the historical backdrop i think - chinese threat? the historical backdrop i think - i chinese threat? the historical backdrop i think - i think- chinese threat? the historicalj backdrop i think - i think both backdrop i think i think both japan and south korea are having a little bit of ptsd from the second world war because of the japanese invasion of south korea, among other places in asia, and so there has been all the years an easy relationship, but i think in comparison to the potential for geopolitical disruptions china might bring to the table to the indo pacific, i think now is a better time for the two countries to work out their differences and to figure out what to do about a potential chinese invasion or even china being more aggressive in the south china sea, which will bring in huge impacts to the pacific trade with japan and south