Lorretta Chen,
Lorretta Chen is a reporter covering China real estate and banking. She joined Bloomberg News in Hong Kong in 2019 after working as a correspondent for Reuters and The Wall Street Journal.
48%
The Daily's Verdict
This author has a poor reputation for journalistic standards and is not considered a reliable news source.
Bias
50%
Examples:
- The article implies that this is a unique case when there have been many similar cases in the past.
- The article presents the developer's perspective without providing any context or evidence for their claims.
- The article uses vague and biased language such as 'maximize value', 'oppose the petition' and 'most prominent example yet'.
Conflicts of Interest
40%
Examples:
- The article does not disclose any potential conflicts of interest between the author and the developer.
- The article does not provide any information or sources for the developer's statement that this is a most prominent example yet.
Contradictions
65%
Examples:
- The article contradicts itself by stating that there are still questions about the impact of Evergrande's collapse on investors and workers, while presenting this case as a clear example of state-backed banks trying to recover money from distressed developers.
- The article does not provide any information or sources for the developer's statement that this is a most prominent example yet.
- The developer claims to oppose the winding-up petition but does not explain how they plan to do so or what offshore restructuring they are referring to.
Deceptions
45%
Examples:
- The article does not provide any context or evidence for the developer's claims.
- The article uses deceptive practices such as exaggerating and misrepresenting the situation as if it were unique when there have been many instances of such actions in the past.
Recent Articles
Gold Hits New All-Time High as Real Estate Sector Struggles in China
Broke On: Monday, 08 April 2024Gold hits new all-time high, while Chinese developers struggle with financial obligations. The Financial Times offers expert analysis and subscription options for readers. Evergrande, another major developer in Hong Kong, was ordered to liquidate by a court.