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   🇺🇲 watson :dealwithit: (watson@freeatlantis.com)'s status on Wednesday, 21-Jun-2023 06:23:38 JST 🇺🇲 watson :dealwithit:

   in reply to

   2/ China's Other Fantastical Bank Bailouts

   Evergrande's story is big. But it's barely new news.

   In May 2019 China’s central bank announced its 1st bank takeover in 20 years: Baoshang.
   Creditors were to take a hit, assets would be sold and an example set for governance.