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World News@lemmy.mlEnglish · 1 year ago

China's housing minister says real estate developers must go bankrupt if necessary

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China's housing minister says real estate developers must go bankrupt if necessary

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World News@lemmy.mlEnglish · 1 year ago

China's struggling property developers won't be getting a major bailout, authorities indicated, warning that those who "harm the interests of the masses" will be punished.

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Tankiedesantski [he/him]@hexbear.net
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1 year ago
The commies can’t keep getting away with … checks notes … running a free market!
- Des [she/her, they/them]@hexbear.net
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  watch market socialism with a government aggressively enforcing a strict bounded free market actually do capitalism better then capitalism

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