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![GlennLuk Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::111782814.png) Glenn [@GlennLuk](/creator/twitter/GlennLuk) on x 25.3K followers
Created: 2025-03-05 15:18:48 UTC

With the liquidity spigots were largely shutdown, these balance sheets were in a sense "frozen" ... 

... providing Beijing policymakers a period of time to undergo detailed audit-like work of reviewing tens of thousands of projects and financial statements to diagnose the issues ... 

... with the ultimate objective of coming up workable solutions to resolve accumulated bad or under-performing assets and their associated debts (whether formal loans/bonds or informal abnormal working capital liabilities).


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1897305801800270118/c:line.svg)

**Related Topics**
[beijing](/topic/beijing)

[Post Link](https://x.com/GlennLuk/status/1897305801800270118)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

GlennLuk Avatar Glenn @GlennLuk on x 25.3K followers Created: 2025-03-05 15:18:48 UTC

With the liquidity spigots were largely shutdown, these balance sheets were in a sense "frozen" ...

... providing Beijing policymakers a period of time to undergo detailed audit-like work of reviewing tens of thousands of projects and financial statements to diagnose the issues ...

... with the ultimate objective of coming up workable solutions to resolve accumulated bad or under-performing assets and their associated debts (whether formal loans/bonds or informal abnormal working capital liabilities).

XXX engagements

Engagements Line Chart

Related Topics beijing

Post Link

post/tweet::1897305801800270118
/post/tweet::1897305801800270118