[dp0622]

Because they’re wrong.

2.5 trillion yuan

not 2,500 trillion yuan.

went to the original site

[SeekAndFind]

Here is a more accurate picture ( I think ) from Reuters:

SOURCE: https://www.reuters.com/article/us-china-evergrande-idUSKBN26J082

“China Evergrande’s borrowings totalled 835.5 billion yuan at June-end, of which onshore trust loans and bank lending made up 41% and 29% respectively.”

835 Billion Yuan amounts to only $120 Billion ( OK, still a large sum, but not unmanageable from a Chinese government rescue point of view ).

[grey_whiskers]

Some third-world author that doesn’t know the difference between conventions using ‘.’ vs ‘,’ as a placeholder in numbers?

[DannyTN]

You might say that was an “Epoch” failure.