First, the nature of the company is that Evergrande is a private enterprise, and how you get into debt is basically money in your pocket. ICBC is a state-owned enterprise, not an ordinary state-owned enterprise. As far as banking is concerned, ICBC is also a world-class bank. It is related to the national finance, so no amount of national debt will make him have a crisis.
Second, the debt model is different. Evergrande's main debt is the break of capital chain. Evergrande has been building houses and expanding in recent years. But the house was not sold, and it was too late to withdraw funds. As a result, assets are insolvent and the capital chain is broken. High loan interest is constantly superimposed, leading to heavy debts, and finally a debt crisis.
Unlike banks, banks basically do not lose money. For the simplest example, if you take 10000 yuan to deposit, can it be compared with borrowing 10000 yuan from the bank? Is that easy to understand? Most of the bank liabilities come from loan recovery. But the loan will be repaid sooner or later. To put it bluntly, he borrowed it first, but you haven't paid it back, which has caused him to be heavily in debt. But when you include interest, you won't be in debt. Some people may say that it is different to sell Evergrande's house to pay off debts. Question: Can you sell the house and repay the loan in a logical way? You must repay the loan. But no one stipulates that your house must be bought for you. And the longer it takes, the higher the interest. But the longer you wait to get a loan from the bank, the more you owe the bank. Do you think banks will be afraid?
Third, the scope of influence Evergrande storm's debt of 2 trillion yuan is still calm, and others should eat, drink and drink. To put it bluntly, it is nothing more than the money that Evergrande owes to the bank, and it is a big deal to declare bankruptcy. Suppose ICBC has a debt crisis, which affects not only the country but also the people, so the country will not allow ICBC to have a debt crisis.