""The government does not yet have a complete picture of the company’s financial position," the spokesman said.
"Given the circumstances, we are not willing to put taxpayers' money on the line to guarantee profits for private creditors."
Several private credit firms have lent money to the developer, some of which have now limited investor redemptions."
Framing: assertive ·
First seen: 2026-08-28 ·
Last seen: 2026-08-28 ·
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