The current situation is that Xu Jiayin has been arrested, and many people are speculating whether Evergrande will go completely bankrupt as a result.
I do not think Evergrande will collapse completely because it is just too big and involves many aspects. If it collapses, it will bring huge losses and high risks to the whole society.
Then there is a possibility that a situation may arise, that is, the State steps in to take over Evergrande, because all the aspects involved still need to be continued and must not be stopped there, which is a very irresponsible performance!
What do you think?
