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@schizoidman@lemmy.ml to World News@lemmy.mlEnglish • 1 year ago

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

www.cnbc.com

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

www.cnbc.com

@schizoidman@lemmy.ml to World News@lemmy.mlEnglish • 1 year ago
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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.
  • HobbitFoot
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    2•1 year ago

    So what are you going to do with the millions of people relying on that for their retirement savings?

    • @Holyginz@lemmy.world
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      3•1 year ago

      🤷‍♂️

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