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China Evergrande's Pushpam Stadium


LordOfMud

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        ~*^

$1.7 billion soccer stadium that is shaped like a lotus

 

china gangzhou

 

Guangzhou Evergrande's new stadium in Guangzhou in China's southern Guangdong province on April 16, 2020.

Dow tumbles 700 points

The Dow and the broader US stock market fell sharply Monday as Chinese real estate conglomerate Evergrande's debt crisis made American investors uneasy.

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On side note this is exactly why Evergrande is failing ,

they are spending a billion on this stadium with short term funding but the revenues are realised over very long period .  

They have projects in over 200 cities , the scale of greed is just unreal .  

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