Evergrande Gave Workers a Choice: Loan Us Cash or Lose Your Bonus
nytimes.com
3 threads
> Yet so far, Beijing has not stepped in with a bailout, having promised to teach debt-saddled corporate giants a lesson.
It seems like Beijing could punish those responsible for building this mess while also protecting the employees and the larger economy.
Of course governments are supposed to have oversight and ensure that these situations can’t arise, so perhaps they should acknowledge that as well.
I'm surprised people on HN don't add a non-paywalled link.
On iPad if you scroll immediately when you land on the article (to make the browser chrome hide) you’ll get trapped on the page when the modal (paywall) dialog comes up.