...there is always something. But this is mainly a (further) Chinese problem. Foreign investors are affected with about 2% (if I remember correctly). So this should not be a reason for panic...
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@leveragegrinding well, the sacrifice of this heavyweight figure is perhaps even intentional, as it gives them a (domestic political/ideological) tactical advantage. The strategy behind this could also be a planned takeover (rescue) by the state. Nevertheless, it is a Chinese game for now.
I don't think this game will have any great effect on other players. They have probably already analyzed the position and adapted their strategy (i.e. already priced in the possible bankruptcy).
I tried to stick with the somewhat limping chess comparison... 😁
I don't think this game will have any great effect on other players. They have probably already analyzed the position and adapted their strategy (i.e. already priced in the possible bankruptcy).
I tried to stick with the somewhat limping chess comparison... 😁
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